Government

The nationwide conglomerate has agreed to a settlement with the CFPB for violating the Telemarketing Sales Rule by collecting illegal advance fees for credit repair services.

HUD furthers its commitment to ensuring that families have the necessary resources to thrive, as eligible households can now receive the financial assistance necessary to access affordable broadband resources.

To assist victims in federal disaster areas, HUD Secretary Marcia L. Fudge has allocated funds to help communities recover and build resilience after a series of natural disasters in early 2023.

According to the Fitch Ratings, loan portfolio delinquencies modestly improved for the fifth consecutive quarter. Click through to read the latest data and info on the impact of borrower assistance programs in Q1 2023.

The Department issues a $1.3 million grant to the state of Hawaii to support people experiencing homelessness and those at risk of homelessness through HUD’s Rapid Unsheltered Survivor Housing program.

While Hillary made landfall as a tropical storm, the main mode of destruction was heavy rainfall, which added up to months of inland rainfall in just a few hours.

The share of mortgage loans in forbearance fell to 0.39% of servicers’ portfolio volume in July, as the MBA reported that nearly two-thirds of borrowers still in forbearance were due to the effects of COVID-19.

Grant sizes range from $654,507 for the Triangle J Council of Governments in North Carolina to $7,997,798 for the Michigan Department of Health & Human Services.

Multiple trade associations have responded to the FHFA’s Request for Input on the GSEs’ Single-Family Mortgage Pricing Framework through the promotion of responsible homeownership opportunities for all home-ready borrowers.

The Department has issued regulatory and administrative waivers to allow the use of funding to help communities in Maui and the Island of Hawaii to accelerate recovery efforts.