HUD watchdog finds insufficient payment controls for eighth year running by Chris Clow for HousingWire

HousingWireHousingWire The federal government’s cabinet-level housing agency continues to have a persistent issue with controlling for improper payments, a new watchdog report found. The U.S. Department of Housing and Urban Development (HUD)’s Office of the Inspector General (OIG) released a report on Thursday that detailed how the department’s “efforts to…

Continue reading →

Why Trump needs lower rates: Homebuilder survey collapses by Logan Mohtashami for HousingWire

HousingWireHousingWire In a recent CNBC interview, I said that President Trump wants lower mortgage rates to help the housing market deal with tariff impacts — especially the homebuilders. Trump believes that lowering mortgage rates will boost mortgage demand and counteract higher costs on building materials. During the COVID-19 pandemic, lumber…

Continue reading →