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    Potential Settlement in Supreme Court Housing Discrimination Case

    The Wall Street Journal is reporting that the parties in the Fair Housing Act case pending before the Supreme Court have reached a tentative settlement deal. The case, Mount Holly v. Mount Holly Gardens Citizens in Action, involves the township of Mount Holly, New Jersey’s attempt to redevelop a crime-ridden, … More

    FHA: The Next Round of Housing Bailouts?

    Despite some efforts this year to improve its financial position, the Federal Housing Administration (FHA) will reportedly seek a bailout from the federal government to cover losses on mortgage loans it insures. The FHA will ask taxpayers for a $1.7 billion cash infusion (more than double estimates earlier in the … More

    Left-Wing Groups Misused More than $750,000 in Stimulus Housing Grants

    A pair of left-wing groups misused hundreds of thousands of dollars in stimulus grant funds, according to federal investigators, who questioned the validity of every dollar the two groups received. In a report released Monday, Department of Housing and Urban Development’s inspector general raised concerns about $752,982 in stimulus disbursements … More

    Report: HUD Insured Stimulus Loans to Tax Delinquents

    President Obama’s stimulus package subsidized home loans for individuals who already owed the federal government millions in back taxes, according to a new report by federal watchdogs. The report, released Wednesday by the Government Accountability Office, found that the Federal Housing Administration, a division of the Department of Housing and … More