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HUD’s Shaun Donovan aims for a more balanced market

Department of Housing and Urban Development Secretary Shaun Donovan responded to a recent report by Harvard Joint Center for...

HUD’s Shaun Donovan aims for a more balanced market
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$1 billion in HUD funding delayed to spring

The Department of Housing and Urban Development will release $1 billion in mortgage assistance to the unemployed this spring, after receiving complaints from lawmakers and advocacy groups that HUD was stalling in their efforts....

$1 billion in HUD funding delayed to spring
HUD rolls out new housing program

HUD rolls out new housing program

A joint program from U.S. Housing and Urban Development and Health and Human Services will help nearly 1,000 non-elderly Americans with disabilities leave nursing homes or other facilities to live independently, the agencies announced...

HUD rolls out new housing program
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FHA proposes policy changes to weed out abusive lenders

In an effort to regain lost finances from abusive borrowers and lenders, the Federal Housing Administration is proposing to...

FHA proposes policy changes to weed out abusive lenders
FHA reserves dropping to low levels

FHA reserves dropping to low levels

The Federal Housing Administration’s reserves are dangerously close to dipping below the Congress-mandated level, according to government officials. The FHA, which has been instrumental in guaranteeing loans and spurring housing market recovery, has endured...

FHA reserves dropping to low levels
Buyers taking (tax) credit where due

Buyers taking (tax) credit where due

The Obama administration’s $8,000 tax credit has already made a small dent in South Florida’s inventory of unsold homes, a number now shrinking at an accelerated pace. Realtors hope the credit might become a...

Buyers taking (tax) credit where due
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