In a piece published as a Fox News Opinion earlier this week, Scott Brown, a Republican Senator for Massachusetts from 2010 to 2013 and Henry Cisneros, a Democrat who served as HUD Secretary from 1993 to 1997 during the Clinton Administration, urged those campaigning for next year's presidential election speak about the housing industry's most pressing issues in their campaigns and address what they call a "silent" housing crisis, since it is "largely overlooked by the media and strangely underestimated by our nation's political leaders

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro touted the success of HUD programs such as those to end veteran homelessness and the Jobs Plus Initiative when questioned about HUD's success during a full House Financial Services Committee hearing on Thursday.

Leading online real estate marketplace Auction.com has named its chief financial officer, Tim Morse, as CEO of the company while Auction.com co-founder Jeff Frieden will stay on with the company as executive chairman.

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro is scheduled to testify before the full House Financial Services Committee on Thursday, June 11, for the second time since becoming the nation's top housing official in July 2014.

While the nation's unemployment rate (5.5 percent) and the number of unemployed persons (8.7 million) for May 2015 remained virtually unchanged from the previous month, the number of jobs added in May increased substantially from April up to 280,000, according to the May 2015 Employment Summary released by the Bureau of Labor Statistics (BLS) on Friday.

A federal judge has ruled that the Federal Deposit Insurance Corp., is liable for facing certain legal claims that FDIC-insured JPMorgan Chase inherited from its 2008 acquisition of Washington Mutual, according to media reports. JPMorgan acquired the failing Seattle-based bank for $1.88 billion in 2008 during the onset of the financial crisis, after the Office of Thrift Supervision seized Washington Mutual and appointed the FDIC as receiver.

Real estate and mortgage industry services provider Clayton Holdings has announced the hiring of Suzanne Singer as senior managing director of business development. Singer, who has a B.A. in Economics from The College of William and Mary, brings more than 20 years of experience in the mortgage industry to Clayton Holdings. Prior to coming to Clayton, she was the EVP of sales and marketing for Litigation Guard, a provider of mortgage-risk lending risk management tools and technology services.

The Consumer Financial Protection Bureau (CFPB) announced on Wednesday morning that a grace period will be in effect for those servicers attempting to comply in good faith with the TILA-RESPA Integrated Disclosure (TRID) requirements that are scheduled to go into effect August 1. While the CFPB did not push back the August 1 implementation date of the rule, it attempted to ease some of those concerns on Wednesday by saying it would take into account a company's good faith effort to comply with the rule after it goes into effect.

Housing affordability is up nationwide due to low interest rates and home prices as National Homeownership Month begins in June, according to a recent release from the National Association of Home Builders (NAHB). The latest NAHB/Wells Fargo Housing Opportunity Index released in mid-May reports that about two-thirds of new and existing homes sold in the first quarter of 2015 were affordable to families that earned $65,800, which is the U.S. median yearly income.

Denver, Colorado-based end-to-end mortgage services provider LenderLive announced that it has acquired regulatory compliance solutions, full-cycle critical document fulfillment, and Certified Mail Automation provider Walz Group.