House passage of H.R. 7024 will enhance the Low-Income Housing Tax Credit and support affordable housing nationwide through the construction and rehabilitation of housing for low- and moderate-income households.
Read More »HUD Awards $39M+ to Prevent Safety Hazards
Funding through the Department’s Healthy Homes Production Grant Program helps ensure that low-income families’ homes are safer and healthier.
Read More »Federal Reserve Holds Rates Steady Moving Into the New Year
The Federal Reserve’s Federal Open Market Committee again chose that no action is better than changing rates as the economy begins to stabilize.
Read More »HUD to Disburse $3.1B in Assistance Funds for Unhoused Peoples
The $3 billion in grants, awarded nationally, will fund over 7,000 projects. It represents the largest amount of annual federal funding provided through HUD’s Continuum of Care program in history.
Read More »Senate Hearing Tackles National Flood Insurance Program Reauthorization
Senate Banking Committee Chair Sharrod Brown recently held a hearing to discuss the future of the National Flood Insurance Program, featuring a panel of experts highlighting the many repercussions of an expiration in the program.
Read More »Dissecting Mortgage Servicing From a Federal Perspective
In an upcoming webinar presented by the Five Star Institute’s Legal League, a panel of legal and government experts will examine trends in foreclosure volume, loss mitigation, and litigation challenges within the mortgage servicing space.
Read More »HUD Grants $150M to Tribal Communities for New, Affordable Housing
“Strong investments in Tribal communities help ensure residents can access much-needed safe and affordable housing,” said Secretary Marcia L. Fudge. “The funds HUD is making available will meet the challenges of today and allow Tribal communities to make innovative and vital advancements needed to prepare for the future."
Read More »The Week Ahead: Empowering the REO Space
An upcoming FORCE-sponsored webinar will preview this March’s Velocity Conference, an event assembling the industry’s top REO professionals, agents and brokers, asset managers, property managers, attorneys, and servicers under one roof.
Read More »Overall Performance of Servicing Portfolios Declined in December
Latest estimates from the MBA find that 115,000 homeowners are now in forbearance plans nationwide, as mortgage servicers have provided relief to approximately 8.1 million borrowers since March 2020.
Read More »Reps. Lieu and Sherman Request HUD Policy Change to House Disabled Vets
In a letter to HUD Secretary Marcia L. Fudge, U.S. Reps. Ted W. Lieu and Brad Sherman are asking the Department to revise its policy to increase housing opportunities for homeless disabled veterans.
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