Housing Affairs Letter

National Digest

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Notes From Inside The Beltway

So far, HUD has accomplished little in the two years of the Trump administration other than a series of rules cuts and changes, including proposed alterations to the Disparate Impact rule and looming changes to the Affirmatively Furthering Fair Housing regulation, the reinterpretation

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Notes From Inside The Beltway

A survey of nearly 15,000 families currently or recently living in privatized military housing shows the Defense Department’s policy to privatize military housing in the late 1990’s is largely a bust. The survey by the nonpartisan Military Family Advisory Network shows that only 16% of

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Notes From Inside The Beltway

HUD emails all public housing authority directors describing Section 8 housing voucher renewals and public housing Operating Fund availability for the coming months under the continuing resolution set to expire Feb.15. HUD’s Office of Public & Indian Housing says that

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Notes From Inside The Beltway

A final rule requiring banks to accept private flood insurance from borrowers seeking mortgages is set to take effect July 1, providing all five regulators sign off on the proposal. So far, the Federal Deposit Insurance Corporation and the Comptroller of the Currency have endorsed the

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Notes From Inside The Beltway

The new chief at the helm of the Federal Housing Finance Agency has determined that the regulator of Fannie Mae, Freddie Mac and the Federal Home Loan Bank system is unconstitutionally structured. Part-time Acting Director Joseph Otting, who helms the Office of

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Notes From Inside The Beltway

After waiting nearly seven months for the Senate to confirm his presidential nomination as president of Ginnie Mae, a frustrated Michael Bright withdraws his nomination and quits as Ginnie Mae’s acting president. Instead, Bright will become president and CEO of the Structured

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Notes From Inside The Beltway

With Democrats now in control of the House, Rep. Maxine Waters (D-CA) heads the Financial Services Committee and as such will set the housing and banking policy agendas. Restructuring the housing finance industry, namely what to do with Fannie Mae and Freddie

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Notes From Inside The Beltway

Federal Housing Finance Agency Director Mel Watt’s five-year term ends Jan.7. Comptroller of the Currency Joseph Otting will step into an acting role to steer the FHFA until a successor to Watt is confirmed by the Senate. President Donald Trump

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Notes From Inside The Beltway

Congressional Democrats are preparing to focus on the affordable housing crisis in the new Congress beginning Jan. 3 after two years of Congress largely shunting the issue to state and local governments. The original proposal crafted by Sen. Elizabeth Warren (D-MA) has been

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Notes From Inside The Beltway

President Donald Trump makes his administration initiative to revitalize inner-city neighborhoods with a fusion of public and private financing official after signing an executive order Dec. 12. The administration’s zone initiative, authorized by the Tax Cuts & Jobs Act of

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