HUD

Federal banking regulators have taken steps to improve clarity surrounding digital banking activities, including crypto-assets and digitalization. Find out about some of the latest regulatory moves in this respect and more in this roundup. Read on »

Amid a variety of bills introduced this year aimed at improving affordable housing availability, the mortgage industry has signaled its support for one proposing to do something that has not been done in more than 20 years – increasing the Federal Housing Administration loan limit. Read on »

As financial technology and digital assets remain ever-growing factors in the financial services industry, trade organizations continue to increase efforts to advocate for new policies to help their members remain competitive. Read about some of the latest developments with respect to this topic and more in this roundup. Read on »

In light of the Trump administration’s plans to drastically reduce fair housing enforcement capacity at the Department of Housing and Urban Development, the Government Accountability Office signaled its intent to launch an investigation into recommendations by the Department of Government Efficiency, led by Elon Musk.  Read on »

The House Financial Services Committee’s Subcommittee on Housing and Insurance convened its inaugural session of the 119th Congress on March 4, focusing on the pressing issue of housing affordability and supply in the United States. Read on »

With the decision to terminate a 2021 interim final rule implementing key provisions of the Fair Housing Act, the U.S. Department of Housing and Urban Development (HUD) is following a similar policy path taken during the first Trump administration. HUD Secretary Scott Turner announced the agency will attempt to cut “costly red tape” by stopping enforcement of the 2021 Affirmatively Furthering Fair Housing rule, calling it a “zoning tax” imposed on localities. Read on »

The first directive issued by U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner was to halt enforcement of a 2016 rule designed to ensure equal access to HUD-funded programs and shelters for individuals in accordance with their gender identity in programs and shelters. He then announced plans to cut HUD’s staff by 50 percent, according to media reports. Read on »

The Trump administration has made a number of leadership changes and announced the creation of some new offices within existing federal agencies during its first month in power. In this Regulatory Roundup, catch up on some of the changes that have received less attention but provide valuable insight into the administration’s priorities. Read on »

The U.S. Senate voted 55-44 along party lines to confirm Scott Turner as the new secretary of the U.S. Department of Housing and Urban Development. The largest trade organization representing the mortgage industry issued a statement regarding President Donald Trump’s new cabinet member. Read on »

President Donald Trump signed an executive order implementing a regulatory freeze, directing federal agencies to halt the issuance of new regulations pending review and approval by department heads appointed by the newly installed presidential administration. Dodd Frank Update consulted two former CFPB attorneys, Richard Horn, co-managing partner at Garris Horn LLP, and David Friend, owner of Friend Mortgage Consulting, about the implications of these orders from the Trump administration. Read on »