Government

Marcia Fudge appeared Thursday before the Senate Committee on Banking, Housing, and Urban Affairs as a  Biden-Harris administration nominee to serve as Secretary of Housing and Urban Development (HUD). The 68-year-old faced a few challenging questions from Republicans, but ultimately ...

Secretary Yellen is "a strong, crisis-tested leader prepared to address the urgent economic and financial policy decisions facing the nation," according to The U.S. Department of the Treasury. Here is how the industry is reacting.

Acting HUD Secretary Matthew E. Ammon calls Biden’s order an important step toward "redressing the federal government’s legacy of housing discrimination and securing equal access to housing opportunity for all."

Officials say the extension provides "more time for homeowners to seek mortgage payment relief."

"Examples of their professionalism and hard work abound and resist any partisan label," noted the former HUD Deputy Secretary in an op-ed he penned before leaving his post.

A researcher examines the Trump administration’s final steps to reform the GSEs and finds modest momentum for the enterprises' release from conservatorship.

Amendments allow GSEs Fannie Mae and Freddie Mac to continue to retain earnings until they satisfy the requirements of the 2020 enterprise capital rule. Click through to learn why some experts voiced both appreciation and concern.

The changes aim to "ensure continued support for borrowers during the COVID-19 national emergency," according to agency representatives.

Brian P. Brooks has announced he will step down on January 14, 2021.

This year's health and economic crises have challenged the industry, but how did servicers respond when asked how COVID's difficulties compare to those faced by the market during the 2008 financial crisis?