U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro is scheduled to speak at the National Press Club (NPC) luncheon on Tuesday, January 13, to address the state of the housing industry and what HUD's plans are for 2015, the NPC announced on Tuesday.
Read More »U.S. Supreme Court to Hear Arguments On ‘Disparate Impact’ Rule on January 21
The U.S. Supreme Court is scheduled to hear arguments on January 21 on whether or not "disparate impact" claims are allowed under the Fair Housing Act of 1968. The case scheduled to be heard later this month, Texas Department of Housing and Community Affairs, et al., v. The Inclusive Community Project, Inc., centers on claims that the Texas state housing department's fixed criteria for approving tax credits for low-income housing developers resulted in the approval of such credits for a larger percentage of developers in areas more heavily populated by minorities than in areas more populated by whites.
Read More »New York-Based Lender Settles with U.S. for $36 Million Over Mortgage Fraud Claims
The U.S. has settled a civil mortgage lawsuit against Golden First Mortgage Corp. that accused the mortgage company and its owner, David Movtady, of defrauding a government mortgage program, according to an announcement from U.S. Attorney for the Southern District of New York Preet Bharara.
Read More »HUD Secretary Vows to Make Greatest Use of Allotted Resources in 2015
U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro said the Department will continue to focus on its top priorities in 2015 with the $45 billion budget allotted as part of the Consolidated and Further Continuing Appropriations Act of 2015, despite the lack of funding for some key HUD initiatives. Among those priorities are securing sustainable housing for American individuals and families, preserving rental house assistance for poor Americans, ending homelessness, protecting people from discrimination in housing, and helping neighborhoods become more resilient from natural disasters, according to a release from HUD.
Read More »HUD, VA Work Together to End Veteran Homelessness
The U.S. Department of Housing and Urban Affairs (HUD) and the Department of Veterans Affairs (VA) announced Monday that they will partner to provide resources to help nearly 2,000 homeless veterans find and sustain permanent housing.
Read More »FHA Loan Limits Will Not Change for 2015
FHA recalculates its national loan limit every year, basing its math on a percentage calculation of the national conforming loan limit for mortgages eligible for purchase or guarantee by the GSEs.
Read More »HUD, Treasury Announce Enahancements to Mortgage Loan Mod Programs
The U.S. Department of Housing and Urban Development (HUD) and Department of Treasury have announced enhancements to the government's Making Home Affordable (MHA) program to assist homeowners who are struggling to make monthly mortgage payments.
Read More »HUD Awards $10 Million in ‘Sweat Equity’ Grants to Aid Homeownership
The U.S. Department of Housing and Urban Development (HUD) announced Wednesday that it is awarding $10 million in grants to four non-profit organizations that will create homes for hundreds of families.
Read More »Senate Confirms Nominee for HUD Deputy Secretary
In her time at Treasury, Coloretti advised the secretary on the development and execution of the department's budget, strategic plans, and the internal management of the agency and its bureaus.
Read More »HUD Joins Forces With Non-Profit Alliance to Fight Veteran Homelessness
The U.S. Department of Housing and Urban Development (HUD) and Washington, D.C.-based non-profit alliance National League of Cities (NLC) have taken another step in the fight against veteran homelessness by issuing a Memorandum of Understanding (MOU) in several U.S. Cities.
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