Links in “HUD”

Six federal agencies approved a final rule that defines "qualified residential mortgage" and exempts their securitization from the risk retention requirement. [10/23/14]

Have you ever heard the saying, give a man a fish and you will feed him for a day; teach a man to fish and you will feed him for a lifetime? HUD is taking this saying to heart by dishing out $24 million in order to help low-income public housing residents learn how to fish. [10/13/14]

The HUD announced a $5 million settlement with Wells Fargo, continuing the recent trend of going after lenders discriminating against pregnant women and women on maternity leave. [10/10/14]

A rule has been proposed which would provide the elderly and disabled with further support. Some of the changes that are proposed include rental assistance, grant assistance, and modernizing capital advance. [10/7/14]

Midland States Bancorp has settled with HUD over allegations of redlining in Missouri and Illinois neighborhoods. Though required to pay $200,000 to EHOC, the majority of the agreement deals with improved lending practices. [10/3/14]

Norristown, Pennsylvania, has settled with HUD regarding violations of the Fair Housing Act when the city enacted ordinances which, in effect, required the eviction of domestic violence victims. The specific agreement can be found here. [10/3/14]

Facing foreclosure? The HUD, Treasury, and The Ad Council want you to know that you have options through the Making Home Affordable (MHA) Program. [9/25/14]

US Bank learned the hard way that discrimination against Native Americans in lending doesn’t pay. In fact, it resulted in paying $11,490 as part of a settlement. [9/16/14]

An update on two insurance industry lawsuits regarding HUD's disparate impact rule and their potential impact on financial institutions. [9/12/14]

HUD, VA, and USICH's new estimate shows that veteran homelessness has dropped by 33% since 2010. Does this shed any light on the effectiveness of these organizations' programs? [8/26/14]