DOJ Issues Subpoenas Regarding Federal Reserve Governor

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…

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Fed 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…

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President 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…

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HUD 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…

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HUD 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…

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HUD 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…

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HUD 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…

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FHA-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…

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FHA-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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