Seven federal agencies have withdrawn a 2022 interagency statement that encouraged creditors to consider Special Purpose Credit Programs, adding another significant change to a fair-lending framework that the Consumer Financial Protection Bureau had already revised...
The U.S. Department of Housing and Urban Development (HUD) published a Federal Flood Risk Management Standard (FFRMS) final rule in the Federal Register designed to help communities prepare for and reduce flood damage. According to HUD, the final rule updates two of...
The U.S. Department of Housing and Urban Development (HUD) has updated its policies for wind and named storm insurance coverage required for multifamily properties financed with a Federal Housing Administration (FHA)-insured mortgage. According to HUD, the updates are...
The U.S. Department of Housing and Urban Development (HUD) has announced a publicity campaign designed to trumpet what it describes as the “key milestones and accomplishments since the beginning of the Biden-Harris administration as well as priorities for 2024.” The...
The U.S. Department of Housing and Urban Development (HUD) has announced its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) Program, which is designed to preserve and revitalize manufactured housing and manufactured housing communities....