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  • HUD suspends FHA mortgage insurance premium cut

    Just moments after President Trump was sworn in on Friday, the Department of Housing and Urban Development announced it is indefinitely suspending the reduction of FHA mortgage insurance premiums, undoing a cut announced by the Obama administration only a few weeks ago. The suspension is effective immediately.

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HUD OIG: More than 25,000 households using public housing despite higher incomes

Agency now pushing housing authorities to evict “over-incomes”
The Office of the Inspector General of the Department of Housing & Urban Development estimates that there are more than 25,000 households taking up public housing units that exceed HUD’s 2014 eligibility income ceilings, meaning homes that could be used by 25,000 families in need. HUD's finally taking action.
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