News & Analysis as of

Trump Administration Department of Housing and Urban Development Mortgage Lenders

Alston & Bird

HUD Revises Borrower Residency Requirements for FHA-Insured Mortgages

Alston & Bird on

What Happened? On March 26, 2025, the U.S. Department of Housing and Urban Development (HUD or the Department) issued Mortgagee Letter 2025-09 (ML 2025-09), which updates HUD’s residency requirements for borrower eligibility...more

Bradley Arant Boult Cummings LLP

How HUD Secretary Carson Might Affect Mortgage Lenders

President-elect Donald Trump’s recent decision to nominate Dr. Ben Carson as Secretary of the Department of Housing and Urban Development (HUD) carries potential implications for mortgage lenders. In accord with Trump’s...more

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