An Insider’s Look Into How Secondary Marketing Evaluates LOs

In this webinar we’ll explore the long-term financial impacts of renegotiations, extensions and fallouts, plus basic guidelines to be viewed as a professional by your secondary marketing department

HousingWire Annual Virtual Summit

Did you miss out on HousingWire Annual? We have you covered! Join us virtually on October 25 for a chance to see hand picked sessions from our in-person HousingWire Annual in Frisco. Register now for FREE!

How brokers can help today’s unique borrower

The average borrower has drastically changed throughout the years. More borrowers are self-employed, work remotely and have multiple streams of income. Learn about the tools to assist any borrower quickly and effectively.

Experts on how AI makes a difference in the mortgage process

Today’s HousingWire Daily features a roundtable discussion on “Humans versus really smart machines” and what the right mix looks like to gain efficiencies in the mortgage loan manufacturing process.

Politics & Money

HUD finally confronts decades of staffing shortages

Secretary Fudge said in March that the agency was "thousands of people short"

HW+ HUD

The Department of Housing and Urban Development (HUD) announced it has filled another round of positions, as it confronts decades of staffing shortages.

“These talented and diverse individuals join HUD ready to deliver results for the American people by tackling our nation’s housing challenges to build a stronger, more equitable America,” the agency said in a press release.

HUD Secretary Marcia Fudge assumed the top post at the agency at a time when it was already battling long-term and increasingly dire staff shortages.

A 2018 HUD Inspector General report found that “constant turnover and extended vacancies” had hobbled the agency’s management and business functions. “HUD could not fill essential positions with officials who stayed long enough to implement a vision and effect sustained positive changes,” the report’s authors concluded.

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