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Housing Headlines

Secretary Carson Congratulates Brian Montgomery on Deputy Secretary Confirmation

Washington - U.S. Department of Housing and Urban Development Secretary Ben Carson today applauded the confirmation of Brian D. Montgomery to serve as Deputy Secretary of the U.S. Department of...

HUD Allocates Third Wave of CARES Act Funding Providing $1 Billion for Communities to Bolster Coronavirus Response and Relief Efforts

Washington - The U.S. Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of a third wave in CARES Act coronavirus relief funding totaling $1 billion...

Inside House Democrats’ Whopping $1.2 Trillion+ Coronavirus Relief Proposal

House Democrats could bring their phase 4 coronavirus relief package (CARES 2) to the floor for a vote as early as this week — but, for now, at least, it's going nowhere.

The Housing Market Faces Its Next Crisis as May Rent and Mortgages Come Due

Millions of homeowners and renters already are behind on payments in the economic collapse, and the jobless ranks are growing.

Lawmakers Weigh Relief for U.S. Homeowners Facing Balloon Payments

WASHINGTON—Lawmakers are considering ways to provide more relief for millions of homeowners who have taken advantage of a government offer to suspend mortgage payments amid the coronavirus pandemic.

Which States Are Doing a Better Job Protecting Renters from Being Evicted During the Coronavirus Pandemic

For millions of renters who have lost income, rent day on May 1 is a looming disaster. A majority of the country’s 43.8 million renting households have lost at least some of their income in...

Federal Help for Mortgage Servicers Can and Must Also Reach Renters and Owners

By Stockton Williams and Gene Slater Recent moves by Ginnie Mae and the Federal Housing Finance Agency to help mortgage servicers meet some of their short-term financial needs fail to defuse...

Housing Regulator Takes Step to Ease Crunch at Mortgage-Finance Companies

WASHINGTON—A U.S. housing-finance regulator on Wednesday announced steps to ease strains on mortgage companies facing a cash crunch as millions of Americans suspend their monthly payments amid...

Excluded From Bailouts, Mortgage Servicers Face Cash Crunch

Washington — Federal policymakers have rushed to backstop nearly every corner of the financial system as the coronavirus exacts a bruising toll on the U.S. economy. But there is growing concern...

Fannie, Freddie May Soon Buy Home Loans in Forbearance to Help Mortgage Firms

A top U.S. regulator is considering taking steps to ease strains on mortgage companies facing a cash crunch as millions of Americans struggling with the fallout from the coronavirus suspend their...