The Department’s latest round of funding will help bridge the wealth gap by connecting residents of public housing to employment and education.
Read More »FHFA Publishes Q3 Foreclosure Prevention and Refinance Report
According to the FHFA’s Q3 2022 Foreclosure Prevention and Refinance Report, the Enterprises completed 69,362 foreclosure prevention actions within the quarter, helping troubled homeowners nationwide to stay in their homes.
Read More »HUD Seeks Public Input on Allocation of Disaster Recovery Funds
Two new Requests for Information from HUD mark the first time the Department has solicited comments on how to equitably distribute critical disaster recovery funds.
Read More »Ginnie Mae Forbearances Increase, Again
The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.
Read More »Biden-Harris Admin Sets Ambitious Goals to Combat Homelessness
After halting a rapid rise in homelessness, the Biden-Harris administration has announced plans to reduce homelessness 25% by 2025, announced as part of its annual Homelessness Assessment Report to Congress.
Read More »HUD Expands Climate-Friendly Incentive Offerings
Establishment of the new Rate Reduction Incentive advances HUD’s Climate Action Plan to create climate resiliency, reduce greenhouse emissions, and pursue environmental justice in housing.
Read More »HUD Examines Institutional Investor Impact on Housing Market
HUD’s Office of Policy Development & Research held its quarterly meeting to discuss the increase in activity by large institutional investors who oversee more than 1,000 properties in HUD’s portfolio.
Read More »HUD: Service Coordinator Program Funding Will ‘Increase Stability in Housing’
HUD has earmarked nearly $30 million for 111 organizations—including public housing agencies, tribally designated Indian housing entities, resident associations, and nonprofits—for the hiring and maintenance of service coordinators.
Read More »FHA Issues Forward and Reverse Loan Limits for 2023
Keeping in line with the steep increase of housing prices nationwide, the FHA has set forth its Single-Family Title II forward and Home Equity Conversion Mortgage loan limits for the upcoming calendar year.
Read More »HUD Seeks to Expand Homeownership for Native American Families
A new HUD proposed rule aims to increase homeownership opportunities for Native American families by providing a federal guarantee on qualifying loans in the event of default.
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