Housing and Urban Development (HUD) Secretary Scott Turner recently stressed that the Trump Administration has been intentional about tearing down the regulatory environment that many have blamed as a cause for housing affordability across America. Appearing on CNBC, the conversation focused on regulatory burdens that officials say add roughly $100,000 to the cost of a…
At a press conference on Wednesday, April 22 (attended virtually by RISMedia), Director of the Federal Housing Finance Agency (FHFA) Bill Pulte and Housing and Urban Development (HUD) Secretary Scott Turner announced that “effective immediately,” government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac will begin accepting new credit scores, VantageScore 4.0 and FICO 10T, for…
Testifying before Congress Jan. 21, Secretary of Housing and Urban Development (HUD) Scott Turner was questioned before the House Financial Services Committee on his oversight of HUD and the Federal Housing Administration, with a large focus on affordable housing and President Donald Trump’s executive order banning institutional investors. Congresswoman Maxine Waters (D-CA) opened the hearing…