Tag Archives: U.S. Department of Housing and Urban Development

With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.

This week the Federal Housing Market Committee will have its last meeting of the year. See if a rate hike is on the horizon and what else is expected in The Week Ahead.

New residential sales statistics came out Tuesday from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. According to the National Association of Realtors (NAR), the drop in new home sales for April could be worrisome for first time and low-income homebuyers as inventory shortage is likely to cause the price of new homes to rise more than it has previously. As it stands, newcomers to home buying will continue to face financial and availability challenges.

Adolfo Marzol has been appointed to the position of Senior Advisor to the Secretary of the Department of Housing and Urban Development. Following his appointment, he resigned from the Board of Directors of Essent Group Ltd.

HUD announced Wednesday the Affirmatively Furthering Fair Housing Final Rule, which will help communities that receive HUD funding get the help they need to meet fair housing obligations in the use of HUD funds.

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.

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.

The U.S. Department of Housing and Urban Development (HUD) has named Richard K. Green, University of Southern California Lusk Center for Real Estate director, as a senior advisor for housing finance, according to an announcement from HUD. Green, one of the nation's pre-eminent housing economists, will replace Edward Golding, who was named principal deputy assistant secretary with HUD at the end of March. Green's one-year appointment as senior advisor with HUD will begin on July 1.