The Department of Housing and Urban Development (HUD)’s order to “crack down” on non-permanent residents receiving mortgages insured by the Federal Housing Administration (FHA) is a “setback,” the leader of the nation’s largest Hispanic real estate trade group said Wednesday.

Gary Acosta, the co-founder and CEO of the National Association of Hispanic Real Estate Professionals (NAHREP), said that the policy change — which eliminates the non-permanent resident category from eligibility for the FHA’s Single Family Title I and Title II programs — wasn’t a “typical Republican move.”

“And the reason I say that is because Republicans have historically details ⇒

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