HMBS 2.0 rollout could be hobbled by reported Ginnie Mae staff cuts

Staffing cuts at Ginnie Mae could table or delay the rollout of a complementary reverse mortgage securities program announced last year, according to an interview with a former Ginnie Mae official who requested anonymity out of fear of retaliation and reports of staff cuts by multiple outlets.But a

The Trump administration thinks HUD’s Disaster Relief is a waste of money. They’re wrong

The U.S. Department of Housing and Urban Development (HUD) has announced its own DOGE Task Force this week, after Elon Musk’s team ravaged the Consumer Financial Protection Bureau (CFPB) last week. While American voters have little transparency into this undemocratic firing squad, we know that they

Massive FHA cuts would create dysfunction for mortgage industry, homeowners: ex-official

If a rumored large-scale layoff at the Federal Housing Administration (FHA) occurs, it could result in major damage to key programs that mortgage lenders and investors rely on, such as project-based rental assistance, Section 202 and even financial losses to the national mortgage insurance fund.This

California Flood Risk Exceeds Fire Concerns, According to Study

Justin Sullivan/Getty ImagesWithin the next 25 years, Los Angeles, San Diego, and San Francisco will be more at risk from flooding than wildfires, a new study has found. “The fires in Los Angeles this January followed two years of wet winters which encouraged the vegetation growth that became wildfi