Federal layoffs may soon come for America’s largest mortgage insurer, a powerful engine of the country’s housing market.

Housing and Urban Development Secretary Scott Turner said his federal agency will be canceling $4 million in DEI contracts ...

The Federal Housing Administration (FHA) is preparing to lay off 40% of its workforce, as first reported by Bloomberg News, ...

The rumored FHA cuts could cripple programs that mortgage lenders, tenants and homeowners rely on, an ex-agency official told ...

At least 40 percent of employees are expected to be terminated at the federal mortgage insurer, an agency within HUD.

Is the FHA facing 40% layoffs? It's unclear after reporting by Bloomberg was denied by a HUD official who didn't give any details on cuts.