Take first steps into investigation into mortgage fraud. The Department of Justice (DOJ) has launched an investigation into allegations of mortgage fraud by Federal Reserve Governor Lisa Cook.…
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FHFA Director Sends 2nd Criminal Referral to DOJ for Fed Governor Cook
The Federal Reserve official mortgaged a Massachusetts residence as her “second home” in 2021. Federal Housing Finance Agency Director William Pulte sent a second criminal referral to the…
Read MoreFed Governor Sues President’s Administration over Attempted Firing
The Federal Housing Finance Agency makes a referral over the mortgage on a third property. President Trump announced his decision to fire Federal Reserve Governor Lisa Cook early…
Read MorePresident Trump Fires Federal Reserve Governor Cook over Alleged Mortgage Fraud
The fed official vows to fight the action, claiming the president does not have the authority to remove her. President Donald Trump announced that he had relieved Federal…
Read MoreHUD Distributes Funding to Address Youth Homelessness
38 communities were selected to increase supportive programs and rehousing. The Department of Housing and Urban Development (HUD) awarded $51 million to 38 communities this month to support…
Read MoreHUD Distributes $30 Million to Fair Housing Organizations
Funding was awarded to ensure compliance through investigations, tests, and reviews. The Department of Housing and Urban Development (HUD) awarded over $30 million to fund fair housing enforcement…
Read MoreHUD Releases Disaster Relief Aid for Flooded Florida
Provides mortgage moratoriums and home rehabilitation insurance. The Department of Housing and Urban Development (HUD) released disaster relief aid for the state of Florida, offering various flexibilities to…
Read MoreHUD Creates Separate Office for Manufactured Housing
The use of manufactured homes increasing to address affordable housing needs. The Department of Housing and Urban Development (HUD) announced the establishment of a new office to manage…
Read MoreFHA-Insured Mortgage Premium Reduced
Vice President Harris announces the HUD measure while in Maryland. The Federal Housing Administration (FHA) announced that insurance premiums for FHA-insured mortgages will be reduced from 0.85 to…
Read MoreFHA-insured Home Equity Conversion Mortgages Offer Flexibility
Grants homeowners relief on repaying reverse mortgage property charges. The Federal Housing Administration (FHA) has announced the implementation of the COVID-19 HECM Property Charge Repayment Plan. This plan…
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