The Consumer Financial Protection Bureau on Tuesday issued three new policies to promote innovation and compliance. The CFPB issued the No-Action Letter (NAL) Policy; Trial Disclosure Program (TDP) Policy; and the Compliance Assistance Sandbox (CAS) Policy. According to the CFPB, ...
Read More »Spotlight on Housing Reform
The Senate Committee on Banking, Housing, and Urban Affairs held a hearing to discuss the next steps in housing reform, with a focus on reforming Fannie Mae and Freddie Mac.
Read More »HUD Tackles the Role of Algorithms in Fair Housing
Here’s what HUD has to say about housing discrimination by companies using algorithms in a proposed amendment to address the definition and rules of disparate impact under the Fair Housing Act.
Read More »HUD Invests in Small Distressed Communities
HUD has awarded $6 million to the Local Initiatives Support Corporation to provide technical assistance to small distressed communities. Here’s what the grant entails.
Read More »HUD’s Plan for Mitigating Disasters
The Department of Hosuing and Urban Development has issued its “rules for the road” for around $16 billion in funding to be used in disaster mitigation efforts across the country.
Read More »HUD Addresses Discrimination in Housing
Here's what critics and proponents of a proposed rule from the Department f Housing and Urban Development have to say about about how HUD is handling discrimination in housing.
Read More »New Bill Encourages Homeownership Counseling
Here’s how recent legislation passed by the House could help low-income homebuyers lower their cost of getting an FHA loan.
Read More »Carson: Regulations are “Huge Barriers” to Affordable Housing
At an affordable housing conference in Atlanta, HUD Secretary Ben Carson discussed how looser zoning restrictions and new building techniques are key to increasing access to affordable housing.
Read More »HUD and SEC Encouraging Opportunity Zone Investment
Here's why the Department of Housing and Urban Development Secretary Ben Carson is applauding the Securities and Exchange Commission’s (SEC) efforts regarding Opportunity Zones.
Read More »HUD Announces Residential Reverse Mortgage Sale
Here's how to become a bidder in HUD's latest residential reverse mortgage sale, consisting of approximately 1,500 reverse mortgage notes secured by properties with a loan balance of approximately $330 million.
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