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Home | Tag Archives: HUD

Tag Archives: HUD

Survey: 87 Percent of U.S. Homes are Occupied

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About 87 percent of the 133 million total residential housing units in the U.S. in 2013 were reported to be occupied, according to the findings of the 2013 American Housing Survey (AHS) released earlier this week by the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau.

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U.S. Bank, HUD Settle Discrimination Allegations

HELOC

U.S. Bank has reached a settlement with a housing regulator over allegations the bank discriminated against a Native American couple in denying them a refinance. In a complaint filed with HUD, the couple alleged U.S. Bank and its appraiser, Red Sky Risk Services, turned down their refinance application last year, informing them that the bank couldn't make the loan because their property was located on a reservation and could not be appraised.

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Firm to Sell $2.3 Billion in Nonperforming Loans for HUD

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Online marketplace exchange DebtX has announced its intention to sell 15,000 nonperforming residential loans for the U.S. Department of Housing and Urban Development (HUD) as part of the agency's Single-Family Loan Sale (SFLS) program. The unpaid principal balance of the loans amounts to about $2.3 billion. The bid is scheduled for September 30. The loans will be sold in eight national pools ranging from $94.5 million to $804.5 million.

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