(Dallas College) — Dallas College is proud to an​nounce that Dr. Madeline Burillo-Hopkins was unanimously elected to serve on the Council for Higher Education...

By Lauren Burke North Carolina Republican Thom Tillis Admits “Money Isn’t There” for Medicaid Will “Betray a Promise” Trump Made on the Senate floor on...

(Black PR Wire) Florida A&M University is entering a new chapter—one that begins under a cloud of controversy. On June 18, the Florida Board...

People in the News

Thursday, July 3, 2025

People in the News

Thursday, July 3, 2025

Trump cancels a mortgage-fee cut for low-income borrowers on Day 1

The Trump administration overturned a mortgage-fee cut under a government program that’s popular with first-time home buyers and low-income borrowers.

The Department of Housing and Urban Development on Friday said the agency is canceling a reduction announced last week while President Barack Obama was still in office. The Federal Housing Administration had planned to cut its annual fee for most borrowers by a quarter of a percentage point to 0.60 percent, effective on Jan. 27.

A letter from HUD to lenders and others in the real-estate industry, sent after Donald Trump assumed the presidency on Friday, didn’t give an explanation of the decision. Read more here.