Now a little more than four months into the second Trump administration, the U.S. Department of Housing and Urban Development (HUD) has appointed a new chief information officer (CIO), Eric Sidle, with experience in the electric vehicle space and with a former position at tech giant Apple, Inc. on his resume. The appointment coincides with […]
HUD names new CIO as judge pauses mass firings at the agency Read More »
Below is a timeline of the actions the Trump administration or Congressional Republicans have taken that impact housing since President Trump took office on Jan. 20, 2025, along with additional coverage of those topics. CFPB Tariffs HUD HUD watchdog swept up in large-scale firings of inspector general Jan. 27 Memo mixup: Trump calls for freeze
Updated list of all Trump’s actions that impact housing Read More »
Department of Housing and Urban Development Secretary Scott Turner told a group of state regulators this week that his efforts to rip away federal bureaucratic red tape and shift more decision-making power to the local level will have benefits for them. Turner informed attendees at a summit hosted by the Conference of State Bank Supervisors
HUD Secretary Turner: End to fair housing rule a state win Read More »
As part of broader housing initiatives, Republicans in both the Trump administration and in Congress are pursuing the sale of large swaths of federal land to potentially develop housing. But the Republican front is not completely united. Earlier this month, lawmakers in the House of Representatives’ Committee on Natural Resources saw an amendment added to
Federal lands amendment draws bipartisan rebuke Read More »
The secretaries of the U.S. departments of Housing and Urban Development (HUD) and the Interior (DOI) journeyed to southern Nevada in an effort to highlight the Trump administration’s plan to sell federal lands to private developers for the purposes of housing development. Joined by Nevada Gov. Joe Lombardo (R) and Rep. Mark Amodei (R-Nev.), HUD
HUD secretary tours Nevada federal land to talk housing development Read More »
Ingrid Ripley of the Rural Housing Service, Julie Shaffer of the U.S. Department of Housing and Urban Development, and David Sheeler of Freedom Mortgage speak May 19, 2025 in New York City at the Mortgage Bankers Association’s Secondary & Capital Markets Conference.Andrew Martinez/National Mortgage News Government mortgage officials say they’re tidying up operations following the
FHA, Rural Housing Service comment on job cuts Read More »
After an initial rejection and amendment of its required Hurricane Helene recovery plan as it seeks more than $200 million in federal funds, the City of Asheville, North Carolina’s revised plan has received approval from the U.S. Department of Housing and Urban Development (HUD). In March, HUD rejected Asheville’s initial draft action plan, a required
HUD approves Asheville’s hurricane recovery plan after initial objection over DEI Read More »
As federal budget negotiations intensify, some policymakers have floated deep cuts to the Housing Choice Voucher Program, better known as Section 8. For those in favor of reducing funding for the program, it’s simply a line item to trim. But for those of us in housing finance, it’s a structural pillar. Gutting this program would
Why Section 8 cuts are a mortgage market threat Read More »
In a sign of continued bipartisan cooperation to address issues related to housing costs and supply, Sen. Ruben Gallego of (D-Arizona) and Sen. Dave McCormick (R-Pennsylvania) have introduced a bill that’s designed to better facilitate interagency coordination on housing issues. bill would encourage greater collaboration between the Department of Housing and Urban Development (HUD), the
Senators introduce bill to strengthen interagency housing work Read More »
In one of the most robust housing assistance funding announcements of the second Trump administration so far, the U.S. Department of Housing and Urban Development (HUD) announced on Tuesday that it is making $1.1 billion in Indian Housing Block Grant (IHBG) funding available for eligible Native American Tribes and Tribal communities to “carry out affordable
HUD announces $1.1B in funding for affordable housing in Tribal lands Read More »
Founded in 2006, the key to our success has been consistently providing outstanding customer service. We take pride in treating our clients with honesty and integrity.
NMLS 2042983
DRE 2126218
Copyright © Loanstar Mortgage, and its licensors. All rights reserved. Websites powered by Loanstar Mortgage. This is not a commitment to lend. All loans are subject to final underwriting approval and verifications. NMLS 2042983, DRE 02126218