Are the guidelines for the buyers of agency non-performing loans too strict or not strict enough? There are risks attached to both, which makes it necessary to find a balance between the two.
Read More »HUD: Changes are Coming to Delinquent Loan Sales
HUD Secretary Julián Castro is expected to soon unveil changes to HUD's Distressed Asset Stabilization Program, which has drawn criticism over the last year for its sales of deeply delinquent mortgage loans to Wall Street investors and private firms.
Read More »Castro Dispels Myth About Millennials and Homeownership
The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.
Read More »The Week Ahead: Looking to UK for Affordable Housing Model
In a hearing in the House Financial Services Subcommittee on Housing and Insurance, the subcommittee will assess affordable and rental housing programs 50 years after the creating of HUD.
Read More »HUD Addresses Affordable Housing Crisis
HUD made its first allocations through the National Housing Trust Fund this week. How much was allocated and where will the money be going?
Read More »Housing Discrimination? Not on HUD’s Watch
In an effort to address fair housing activities, HUD has announced that it is making a multi-million dollar grant available to organizations that advocate against discriminatory acts in the housing market.
Read More »Is Something Amiss in the Reverse Mortgage Industry?
Why has an advocacy group asked HUD to impose a moratorium on reverse mortgage foreclosures?
Read More »Advocates Defend Castro, But. . .
One housing advocacy group has defended the HUD Secretary against recent criticisms that he is not qualified to be vice president of the United States. At the same time, however, the group said HUD could stand to make some changes.
Read More »Castro Calls Out Trump for ‘Prejudice’
The HUD Secretary criticized the likely Republican presidential nominee for suggesting policy that Castro called "laughable" and "wrong-headed."
Read More »HUD’s ‘Wall Street Giveaway’ Draws Ire of Advocates
Both HUD and FHFA have recently made changes to their distressed loan sales aimed at improving borrower outcomes. But for some housing advocates, it hasn't been enough.
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