Housing Headlines
Debunking the Myth That Small-Dollar Mortgages are Riskier
The difficulty of obtaining mortgages for low-cost homes has made homeownership even harder at the most affordable end of the spectrum. Only one in four homes purchased for $70,000 or less in 2015...
Trump’s Housing Agency Cracks Down on Zero-Down Home Loans
The Trump Administration is cracking down on national affordable housing programs because of concern over growing risk to the government’s almost $1.3 trillion portfolio of federally insured...
Democrats Court a New Voting Bloc: People Who Don’t Own Homes
Renters hold little sway in Washington. They vote at lower rates than homeowners. They’re generally represented in Congress by homeowners. They have no deep-pocketed lobbyists. And their...
Trump-Appointed Official Promises Full Push to Overhaul Plumbing of Mortgage Market
WASHINGTON — The newly installed overseer of Fannie Mae and Freddie Mac is planning a new push to overhaul the housing-finance companies, aiming to solve the last major quandary from the...
White House and HUD Publish Opportunity Zone Implementation Plan
WASHINGTON, D.C. – The White House Opportunity and Revitalization Council (“Council”) today published its Implementation Plan, outlining to President Donald J. Trump a detailed work plan for...
Treasury Issues Second Set of Highly Anticipated Opportunity Zones Guidance
Washington – The U.S. Department of the Treasury today issued its second set of proposed regulations related to the new Opportunity Zones tax incentive. The tax benefit, created by the 2017 Tax...
Trump Officials Stress Urgency In Fannie, Freddie Revamp
WASHINGTON—Senior Trump administration officials are discussing how to jump-start an overhaul of mortgage finance, with the new federal overseer of Fannie Mae and Freddie Mac pledging to act...
HUD Announces Request for Information on Maximizing the Positive Impact of Opportunity Zones
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced a Request for Information (RFI) seeking public input on how the Department can use its existing authorities...
Unsafe to Stay, Unable to Go: Half a Million Face Flooding Risk in Government Homes
When a deadly rainstorm unloaded on Houston in 2016, Sharobin White’s apartment complex flooded in up to six feet of water. She sent her toddler and 6-year-old to safety on an air mattress, but her...
HUD Issues Proposed Rule To Make Section 3 More Efficient and Effective
WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) today published a proposed rule to improve the effectiveness and efficiency of Section 3 of the Housing and Urban Development...
