Links in “HUD”
- Housing (Un)Fairly, Check!
HUD announced today a Conciliation Agreement between the Connecticut Fair Housing Center (CFHC) and respondents Lil-1 Associates, AllPoints Realty and realtor Lillian Polak. The real estate companies will pay more than $24,000 to settle allegations that they published discriminatory listings and advertisements for condominiums specifying that children were not permitted; which is in direct violation with the Fair Housing Act. [6/27/14]
- HUD Receives Complaint, Uses Testers to Find Discrimination
U.S. Department of Housing and Urban Development receives a complaint from the National Fair Housing Alliance about a real estate company, sends in black testers and white testers. Black testers were steered toward "rough" neighborhoods, while white testers were steered toward "safer" neighborhoods. The company will pay a fine, agree to provide training and establish a non-discrimination policy. [6/25/14]
- Deceptive and Illegal Mortgage Servicing Practices Bring Down the Hammer
CFPB, DOJ, and HUD proposed a federal court order requiring SunTrust Mortgage, Inc. to provide $500 million in loss-mitigation relief to underwater borrowers. âTodayâs action will help homeowners and consumers harmed by SunTrustâs unlawful foreclosure practices," said Richard Cordray.  [6/18/14]
- CFPB Hits NJ Title Company for RESPA Violations
HUD tips off the CFPB into Stonebridge Title Services of New Jersey practice of paying commissions to third parties in exchange for title business referrals. RESPA permits commissions for referrals only to employees of the company. [6/16/14]
- CFPB Takes the Reins
HUD has published a final rule which removes its regulations previously authorized under the Real Estate Settlement Procedures Act of 1974 (RESPA), the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act), and the Interstate Land Sales Full Disclosure Act (ILSFDA). Responsibility for administration of these statutes, including authority to issue regulations, was transferred to the Consumer Financial Protection Bureau (CFPB) pursuant to title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). [6/16/14]
- Housing Scores Touchdown
HUD report on housing sales for May show positive overall trends in the housing market. More homeowners have positive equity, foreclosures continue their downward trend, and sales of new and existing homes are rebounding. [6/16/14]
- HUD Information Collection: Less Is More
In accordance with the Paperwork Reduction Act, HUD is requesting comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment. [6/12/14]
- Mayor Challenge Is a Major Challenge
First Lady Michelle Obama, the U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Veterans Affairs (VA) announced today the creation of the Mayors Challenge to End Veteran Homelessness during an event at the White House. Strategies include removing barriers to help veterans obtain permanent housing, targeting rapid rehousing interventions and leveraging housing and services resources for veterans who are ineligible for some of the VAâs programs. [6/5]
- A Look at the New HUD Head
As expected, Pres. Obama nominated San Antonio mayor Julian Castro as the next Secretary of Housing and Urban Development. Here's a look at why he was selected. [5/28]
- Eligibility for HUD Programs Affected by New Income Exclusions
HUD last published in the Federal Register a notice of Federally mandated exclusions from income on December 14, 2012, at 77 FR 74496. Today's notice replaces the previously published version by adding a new exclusion, including an inadvertent omission, and correcting two previously listed exclusions. [5/20]
