Judge Blocks HUD Housing Cuts | Real Estate News

Real Estate News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 1m

A federal judge has blocked HUD’s plan to slash funding for fair housing groups, calling the agency’s reasoning flawed and warning it would shrink support for vital nonprofits while favoring only a few large organizations. Meanwhile, Fed Governor Lisa Cook is defending her position against Trump’s accusations of mortgage fraud, with her team arguing the alleged error was unintentional and occurred before she took office — while noting Trump himself has made similar financial missteps. The fallout also includes fresh layoffs at Fannie Mae amid leadership changes at its regulator, highlighting…