President-elect Donald Trump said he intends to nominate Bill Pulte to become the next director of the Federal Housing Finance Agency. If confirmed by the Senate, Pulte would take over for Sandra Thompson and become the agency’s fourth director since it was established in July 2008.
Sen. Elizabeth Warren (D-Mass.), the top Democrat on the Senate Committee On Banking, Housing, And Urban Affairs, sent a 13-page letter filled with questions to U.S. Department of Housing and Urban Development Secretary-Designate Scott Turner in advance of his confirmation hearing.
The Federal Housing Finance Agency’s report on non-performing loans sold by Fannie Mae and Freddie Mac through the first half of 2024 showed a steady drop in delinquencies since the pandemic.
To address rising insurance and property management costs, the U.S. Department of Housing and Urban Development updated the operating cost adjustment factors for eligible multifamily housing projects under the Section 8 program.
The House Republican Steering Committee selected the Digital Assets, Financial Technology and Inclusion Subcommittee chair to lead the House Financial Services Committee as its next chairman.
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