HUD

‘Reject Trump HUD cuts,’ city, state leaders tell Congress

A coalition of elected officials across the country is calling on Congress to continue funding of affordable housing programs targeted for elimination by the Trump administration.  Trump’s proposed fiscal year 2026 budget calls for the cancellation of the Community Development Block Grant and Home Investment Partnerships programs, both offered through the Department of Housing and […]

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HUD publishes new reverse mortgage counseling guidance

Counseling is an essential part of the Home Equity Conversion Mortgage (HECM) origination process, and the U.S. Department of Housing and Urban Development (HUD) has recently refreshed some of its guidance documents for HECM counselors to offer essential information. HUD this month published a “toolkit” detailing how someone can become a HECM roster counselor. The

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HUD names new CIO as judge pauses mass firings at the agency

Now a little more than four months into the second Trump administration, the U.S. Department of Housing and Urban Development (HUD) has appointed a new chief information officer (CIO), Eric Sidle, with experience in the electric vehicle space and with a former position at tech giant Apple, Inc. on his resume. The appointment coincides with

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Updated list of all Trump’s actions that impact housing

Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. CFPB Tariffs HUD HUD watchdog swept up in large-scale firings of inspector general  Jan. 27 Memo mixup: Trump calls for freeze

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HUD Secretary Turner: End to fair housing rule a state win

Department of Housing and Urban Development Secretary Scott Turner told a group of state regulators this week that his efforts to rip away federal bureaucratic red tape and shift more decision-making power to the local level will have benefits for them. Turner informed attendees at a summit hosted by the Conference of State Bank Supervisors

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Federal lands amendment draws bipartisan rebuke

As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united. Earlier this month, lawmakers in the House of Representatives’ Committee on Natural Resources saw an amendment added to

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HUD secretary tours Nevada federal land to talk housing development

The secretaries of the U.S. departments of Housing and Urban Development (HUD) and the Interior (DOI) journeyed to southern Nevada in an effort to highlight the Trump administration’s plan to sell federal lands to private developers for the purposes of housing development. Joined by Nevada Gov. Joe Lombardo (R) and Rep. Mark Amodei (R-Nev.), HUD

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FHA, Rural Housing Service comment on job cuts

FHA, Rural Housing Service comment on job cuts

Ingrid Ripley of the Rural Housing Service, Julie Shaffer of the U.S. Department of Housing and Urban Development, and David Sheeler of Freedom Mortgage speak May 19, 2025 in New York City at the Mortgage Bankers Association’s Secondary & Capital Markets Conference.Andrew Martinez/National Mortgage News Government mortgage officials say they’re tidying up operations following the

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HUD approves Asheville’s hurricane recovery plan after initial objection over DEI

After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required

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Why Section 8 cuts are a mortgage market threat

As federal budget negotiations intensify, some policymakers have floated deep cuts to the Housing Choice Voucher Program, better known as Section 8. For those in favor of reducing funding for the program, it’s simply a line item to trim. But for those of us in housing finance, it’s a structural pillar. Gutting this program would

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