Any agent who works with a client who has procured Fannie Mae or Freddie Mac loans is effectively working for a HUD client. It’s essential, then, that agents know how to navigate the paperwork and bureaucracy of a HUD transaction, or know where to get help.
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Category: hud
HUD releases first Equity Action Plan
The U.S. Department of Housing and Urban Development has released its first Equity Action Plan, with the goal of narrowing the racial homeownership gap.
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HUD now considering climate change when underwriting loans
The U.S. Department of Housing and Urban Development (HUD) recently announced a plan that will implement new policies to combat global warming, according to a press release.
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Biden moves to reverse Trump housing policy
The order directs the U.S. Department of Housing and Urban Development to reexamine Trump Administration changes to Obama-era fair housing rules.
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DACA members now eligible for FHA loans
CBC Mortgage Agency, a nationally chartered finance agency, applauded the decision, noting in a press release that 85% of individuals in the DACA program are Hispanic and account for over a third of CBCMA borrowers.
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