News & Analysis as of

Department of Housing and Urban Development Regulatory Requirements Compliance

Orrick, Herrington & Sutcliffe LLP

Congressmembers send letter to HUD Secretary Turner on recent actions

On March 17, 108 members of Congress sent a letter to HUD Secretary Scott Turner expressing concern over recent staff terminations and their impact on the agency’s ability to fulfill its statutory requirements. The letter...more

Bradley Arant Boult Cummings LLP

Potential Impact of FHA’s Revised Defect Taxonomy on Mortgage Originators and Servicers

On January 7, 2025, the Federal Housing Administration (FHA) officially revised its Defect Taxonomy (Final Defect Taxonomy) with the publication of Mortgagee Letter (ML) 2025-01 and the related attachment detailing those...more

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