FHFA: Fannie Mae and Freddie Mac Remove Certain Homeowners Insurance Requirements That Will Reduce Costs
American homebuyers are about to get a break. New rules for Fannie Mae and Freddie Mac mortgages will help to lower home insurance bills for millions of families, especially in rural areas and condo buildings. The changes fix expensive, stupid Biden-era requirements with simple, common-sense updates that respond to today’s skyrocketing insurance prices. “Thanks to…
FEMA: Six-Month Extension Approved for Direct Housing Program for Helene and Milton Survivors
FEMA has approved a six-month extension of direct temporary housing assistance for survivors of hurricanes Helene and Milton who remain in FEMA-provided units. This extension, coordinated closely with the state of Florida, allows eligible residents without a scheduled move-out date to remain in FEMA-provided temporary housing on a month-to-month basis until October 11, 2026. As…
HUD: Secretary Turner Applauds President Trump for Cutting Red Tape, Restoring Housing Affordability, and Increasing Access to Home Loans
HUD Attacks Barriers to Building Homes and Mortgage Credit Secretary Scott Turner applauds President Trump’s Executive Orders (EO), “Removing Regulatory Barriers to Affordable Home Construction” and “Promoting Access to Mortgage Credit.” The first EO terminates burdensome regulations that stall housing construction, deplete supply, and increase housing costs for hardworking American families. The second reduces regulatory…
ABA: ABA Applauds Executive Order on Mortgage Lending
“We applaud today’s White House executive order to expand bank participation in mortgage lending and give more Americans the chance to own a home. The proposed regulatory changes would help remove some of the significant obstacles preventing many banks, especially community banks, from being able to fully participate in the mortgage market. ABA supports policy…
ICBA: ICBA Commends Trump Administration for Executive Order to Help Community Banks Promote Housing Affordability
Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey issued the following statement on President Donald Trump’s executive order directing regulatory reforms that will help community banks promote housing affordability. “ICBA and the nation’s community bankers commend the Trump administration for today’s executive order promoting access to mortgage credit. Directing federal regulators to…
HUD: Agency Appeals Judicial Decision to Shift Homelessness Paradigm
Rejects Subsidized Drug Use, Half-Million Dollar Salaries, and Lifelong Handouts The Department of Justice (DOJ) on behalf of the Department of Housing and Urban Development (HUD) is appealing the Federal District Court of Rhode Island’s preliminary injunction. The injunction denies HUD the ability to award homelessness grants under its policies that protect homeless individuals from…
SBA: Agency Highlights Working Capital Loans for U.S. Homebuilders
Up to $5 Million in Flexible Financing Available for Local Builders as Mortgage Rates Hit 3-Year Low for Homebuyers With U.S. mortgage rates dropping to below 6% for the first time in three years, the U.S. Small Business Administration (SBA) is highlighting for homebuilders the 7(a) Working Capital Pilot (WCP) Program. With access to capital, homebuilders can accelerate residential…
HUD: Disaster Aid & Financial Flexibility Delivered for Louisiana Residents Impacted by Natural Disasters
Housing and Urban Development (HUD) Secretary Scott Turner announced the availability of federal disaster assistance to state of Louisiana to supplement recovery efforts in the areas affected by the severe winter storm on January 23-27, 2026. “One of our core responsibilities at HUD is to help rebuild homes, businesses, and communities after natural disasters,” said HUD…
HUD: Secretary Turner Moves to Restore Self-Sufficiency and Dignity to Those Living in Public Housing
Launches Work and Dignity Coalition in Champaign, Illinois Secretary Scott Turner today announced a new proposed rule to provide all public housing authorities (PHAs) and Section 8 project-based rental assistance (PBRA) owners flexibility to implement work requirements and time limits for non-elderly, non-disabled work-capable adults in HUD-funded housing. “Housing assistance was never meant to trap work-able individuals…
HUD and Census Bureau: New Residential Sales Report for December 2025 Issued
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential sales statistics for December 2025: New Home Sales Sales of new single-family houses in December 2025 were at a seasonally-adjusted annual rate of 745,000, according to estimates released jointly today by the U.S. Census Bureau and the…