Mayoral race goes from bad to worse for real estate
The mayoral race is looking bleaker than ever for the city’s real estate industry. In the past two weeks,...
Sean Donovan
The Latest
HUD selects finalists for post-Sandy competition
In its competition to help rebuild areas hit hardest by Superstorm Sandy and to protect them from future storms,...
Bloomberg talks about development post-Sandy
During a major speech today about Hurricane Sandy’s aftermath, Mayor Michael Bloomberg reiterated his commitment to waterfront development, but...
HUD’s Donovan says rebuilding for displaced Sandy victims is top priority
Shaun Donovan, the U.S. Department of Housing and Urban Development Secretary, said it is crucial for Congress to approve...
HUD halts some foreclosures in wake of hurricane
The U.S Department of Housing and Urban Development has issued a 90-day moratorium on foreclosures of FHA-insured mortgages for...
States use foreclosure settlement funds to fix budgets, not housing market
The U.S. government’s settlement against five big banks was supposed to benefit distressed homeowners, but many states cannot resist...
HUD secretary backs refinance reform bill
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, is pushing for mortgage refinancing reform and supporting a proposed bill to eliminate certain refinancing barriers, according to DS News. The Federal...
Lawmakers accuse FHA of downplaying financial realities
HUD Secretary Shaun DonovanControversy continues to swirl around the Federal Housing Administration, as lawmakers are accusing the agency of...
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...
AARP sues over reverse mortgage change
AARP, a seniors’ organization formerly known as the American Association of Retired Persons, has filed suit against the U.S. Department of Housing and Urban Development, alleging that the federal agency’s policy changes on reverse...