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Scott Turner

HUD rescinds FHA, USDA energy efficiency rule for new homes

Energy, FHA, FHA loan, Housing Market, HUD, HWmember, Mortgage, Regulatory, Scott Turner, USDA /

U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner said the agency is rescinding energy-efficiency requirements tied to loans backed by the Federal Housing Administration (FHA) and U.S. Department of Agriculture (USDA). Turner announced the move Tuesday at HousingWire’s The Gathering in Austin. A 2024 rule under the Biden administration had made new […]

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FHFA launches VantageScore 4.0 pilot; HUD signals FICO 10T for FHA

Bill Pulte, FHA, FHA loan, FHFA, FICO, HUD, HWmember, LendingLife, Mortgage, Origination, Scott Turner, VantageScore /

Federal agencies on Wednesday took steps to bring newer credit scoring models into the mortgage underwriting process, marking a significant shift in how borrower risk is evaluated. U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced the adoption of FICO 10T and VantageScore 4.0 for Federal Housing Administration (FHA) loans in the

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16 attorneys general sue HUD over fair housing guidance

California, Discrimination, Fair Housing, Housing Market, HUD, HWmember, Lawsuit, Legal, Regulatory, Scott Turner /

A coalition of 16 attorneys general has filed a lawsuit against the U.S. Department of Housing and Urban Development (HUD), alleging the agency is attempting to force states to weaken their housing discrimination protections. The dispute centers on written guidance issued by HUD in September to state and local agencies that participate in the Fair

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HUD announces drastic changes to homelessness strategy

Affordable housing, Homelessness, HUD, HWmember, Politics, Scott Turner /

The Trump administration is preparing a major overhaul of its homelessness strategy, moving away from long-term housing support and reducing funding for those programs. The plan redirects Continuum of Care program resources toward short-term shelters that tie participation to employment and substance-abuse treatment. According to a statement from the U.S. Department of Housing and Urban

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HUD rolls back Fair Housing enforcement, internal records show

Affordable housing, Discrimination, Donald Trump, Fair Housing, HUD, HWmember, Legal, National Fair Housing Alliance, Politics, Real Estate, Scott Turner, Trump administration /

Internal documents and interviews reviewed by The New York Times reveal that Trump administration officials at the Department of Housing and Urban Development (HUD) have sharply limited enforcement of the Fair Housing Act — a cornerstone civil rights law designed to prevent discrimination in housing. Emails, memos and testimony from current and former employees obtained

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HUD Innovative Housing Showcase begins Saturday

Affordability, Energy, Housing Market, HUD, HWmember, Scott Turner, Technology, Trump administration, Washington, D.C. /

More than two dozen organizations will present cutting-edge housing and building solutions on the National Mall in Washington, D.C., this weekend during the U.S. Department of Housing and Urban Development (HUD)’s annual Innovative Housing Showcase. The event, established by then-HUD Secretary Ben Carson in 2019, is scheduled for Sept. 6–10. “HUD is proud to champion

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HUD moves to bar non-permanent residents from Section 184 tribal loan program

HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Tribal housing /

The U.S. Department of Housing and Urban Development (HUD) has revised residency requirements for the Section 184 Indian Housing Loan Guarantee program to exclude non-permanent resident aliens. “This update aligns HUD’s requirements with recent executive actions that emphasize the prioritization of federal resources to protect the financial interests of American citizens and ensure the integrity

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HUD offers foreclosure relief to Texans saddled by floods

Disaster Relief, Flood, Foreclosure, Government Lending, HUD, HWmember, Mortgage, Regulatory, Scott Turner, Texas /

Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), announced on Tuesday a 90-day foreclosure moratorium for Federal Housing Administration (FHA)-insured single-family mortgages in the areas of Kerr County, Texas, that have been devastated by recent severe storms, including wind and flood damage. The 90-day moratorium prohibits mortgage servicers from

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HUD announces three senior leadership hires

Housing Market, HUD, HWmember, People Movers, Regulatory, Scott Turner, Trump administration /

The U.S. Department of Housing and Urban Development (HUD) announced on Friday that Jonathan “Drew” McCall, Todd Thurman and Reid Wilson will serve in senior-level roles under the direction of Secretary Scott Turner. The appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary. Per the department, the new

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FHA rescinds 12 policies as Trump pushes to cut red tape

Appraisals, FHA, FHA loan, Flood, Government Lending, HUD, HWmember, Mortgage, Regulatory, Regulatory Compliance, Scott Turner, Underwriting /

As part of the Trump administration’s broader effort to cut regulatory burdens, the Federal Housing Administration (FHA) on Friday announced the rescission of 12 policies related to appraisal protocols, underwriter employment, flood risk management and other areas.  Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA,

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