Under the leadership of acting secretary Adrianne Todman since March, the U.S. Department of Housing and Urban Development (HUD) is focusing on launching initiatives to increase home supply, review existing rules in and ensure the agency is “getting the money out the door.“

“In Economics 101, the increase in interest rates should have been coexisting with a decrease in demand,“ Todman said in an interview with HousingWire this week during the Mortgage Bankers Association’s (MBA) Secondary and Capital Markets Conference. “But we see demand. We don’t see the supply.“

Todman said the bulk of details ⇒

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