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Scott Turner Nominated as HUD Secretary
Late Friday, President-elect Trump announced Scott Turner as his pick for Secretary of the U.S. Department of Housing and Urban Development (HUD).
New HUD Deputy Assistant Secretary for Manufactured Housing Gives Manufactured Housing Equal Billing with Single Family and Multifamily at HUD
The U.S. Department of Housing and Urban Development (HUD) announced that Teresa Payne will be the new Deputy Assistant Secretary for Manufactured Housing, a position created after HUD made the Office of Manufactured Housing Programs (OMHP) an independent office reporting directly to the Assistant Secretary for Housing and Federal Housing Commissioner in June.
HUD Announces Extensive Update to HUD Code
The Manufactured Housing Institute (MHI) commends the U.S. Department of Housing and Urban Development (HUD) for its long-awaited amendments to the Federal Manufactured Home Construction and Safety Standards (HUD Code).
Texas Court Rules DOL Overtime Rule Invalid
The U.S. District Court for the Eastern District of Texas issued a ruling invalidating the Department of Labor’s (DOL) overtime final rule which was published in April 2024.
Scott Turner Nominated as HUD Secretary
Late Friday, President-elect Trump announced Scott Turner as his pick for Secretary of the U.S. Department of Housing and Urban Development (HUD).
HUD Releases FHA Management Report
Last Friday HUD released its annual Fiscal Year 2024 FHA Management Report, in conjunction with its annual Mutual Mortgage Insurance (MMIF) Report. The reports, a financial scorecard of FHA’s finances, showed continued financial strength for FHA single family loans. FHA’s net worth increased from $145.29 billion to $172.76 in the last year, and its capital ratio increased from 10/51% to 11.47% in the same period.