HUD

Twenty-three senators wrote to Office of Management and Budget Director Russ Vought on June 30, urging him to order the immediate release of approximately $750 million earmarked for addressing the lack of affordable housing supply in the country. Read on »

The House voted 358-32 to pass the highly anticipated 21st Century ROAD to Housing Act on June 23, sending the one of the most comprehensive housing reform measures in decades to President Donald Trump’s desk. The next day, Trump announced he would not sign the legislation until Congress passed a voter eligibility bill. Read on »

The Federal Housing Administration took another step forward in its transition to utilizing the modernized Uniform Appraisal Dataset 3.6, which promises to provide a standardized, data-driven process for mortgage appraisals. Read on »

Although Congress passed the VA Home Loan Program Reform Act (H.R. 1815) on July 15, 2025, authorizing the VA to establish a five-year partial claim program, the development process has taken nearly a year. Donna Schmidt, president and CEO of DLS Servicing and WaterfallCalc, told Dodd Frank Update the delay has less to do with the VA dragging its feet and far more to do with political hangups, staffing cuts and a lack of collaboration between federal agencies. Read on »

Federal Housing Administration Commissioner Frank Cassidy announced he was stepping down from his role to enter the private sector on June 3. His departure came only six months following his Senate confirmation. Read on »

To lower housing development costs and streamline operations, the U.S. Department of Housing and Urban Development announced the revision of environmental review requirements described in its Federal Housing Administration Multifamily Accelerated Processing Guide on May 4. Read on »

The Department of Housing and Urban Development and the Department of Agriculture announced on April 28 the rescission of the “Energy Efficiency Standards for New Construction” final determination for HUD- and USDA-financed housing. The agencies said the decision removes a “significant regulatory barrier” for homebuilders. Read on »

Fannie Mae and Freddie Mac are collaborating with the Federal Housing Finance Agency and the U.S. Department of Housing and Urban Development to implement new credit score models as part of a joint effort to create a “modernized and more competitive” framework for mortgage underwriting. Read on »

When Congress enacted the Dodd-Frank Wall Street Reform and Consumer Financial Protection Act in July 2010 amid the wreckage of the 2008 financial crisis, the financial services industry had no shortage of questions about the sweeping implications of the new law. Within a year, October Research, LLC, added a new publication to its portfolio with a mission to answer those questions and called it Dodd Frank Update. We have appreciated the positive feedback from the industry over the years affirming that our coverage in this space is among the most comprehensive available. Read on »

President Donald Trump signed two executive orders on March 13 aimed at spurring regulatory policy changes to increase mortgage credit access and affordable housing construction. Dodd Frank Update turned to Garris Horn LLP Co-Managing Partner Rich Horn for expert analysis. Read on »