By opening a new round of applications, HUD's ConnectHomeUSA program seeks to support additional Department-assisted communities in getting affordable and reliable internet access.
Read More »Report Spotlights Lending Inequities at Navy Federal Credit Union
The nation’s largest credit union—Navy Federal—has been found to have “the widest disparity in mortgage approval rates between White and Black borrowers of any major lender,” according to a CNN study of CFPB lending data.
Read More »Cultivating Leadership in the Servicing Sector
James Braxton of Servbank explains how investing in your own workforce will produce better leadership and enhance the overall customer experience.
Read More »HUD Recaps Homeownership Achievements
Taking a look back at the significant milestones it has achieved, HUD continues to focus on expanding access to homeownership, supporting home retention, and addressing racial bias nationwide.
Read More »CFPB Fines Bank of America Over HMDA Violations
The Bureau has ordered the bank to pay $12 million into the CFPB’s victims relief fund for falsifying forms about mortgage applicants and reporting incorrect information to federal regulators.
Read More »FHFA, GSEs Examine Climate Impacts on Vulnerable Peoples
In 2022, the Federal Housing Finance Agency began collaborating with Fannie Mae and Freddie Mac to explore the intersection of climate change, housing finance, housing policy, and community development. Here’s what they found.
Read More »HUD Exec Honored With Presidential Rank Award
Jean Lin Pao, HUD’s Director for the Office of Small and Disadvantaged Business Utilization, has been recognized for her contributions to HUD’s procurement equity efforts and work as a public servant.
Read More »HUD Reiterates the Importance of Housing in New Healthcare Report
The Biden Administration has issued a new Playbook highlighting the importance of housing as a key driver of health outcomes and providing examples of how HUD programs are working to help.
Read More »Median Homebuyer Household Income Jumps to $107K
NAR reports that homebuyer income has seen an annual increase of 22% in 2023, as down payments have jumped to the highest percentage in over two decades.
Read More »Justice Department Updates on Efforts of ‘Combating Redlining Initiative’
Through enforcement efforts to address redlining nationwide, the U.S. Justice Department reports it has collected millions in relief for communities of color nationwide that may have experienced discrimination during their homebuying process.
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