The U.S. Department of Housing and Urban Development (HUD) has four new top leaders who are taking on key roles in the agency at the start of 2018 and during a critical recovery period following last year’s devastating hurricanes. HUD ...
Read More »HUD’s Carson: ‘We Know How to End Homelessness’
The Department of Housing and Urban Development on Thursday announced an award of $2 billion in support of thousands of local housing and service programs across the U.S. This year’s installment of the annual HUD Continuum of Care grants will ...
Read More »Helping Borrowers Understand Foreclosure Prevention Options
A guide released by HUD helps homeowners understand how they can partner with mortgage servicers to know their loss mitigation options and avoid scams.
Read More »Senate Confirms Paul Compton as HUD General Counsel
The Senate voted Monday night to confirm President Trump's nominee for HUD General Counsel, Paul Compton.
Read More »HUD Secretary on Homelessness: “It’s Everybody’s Problem”
On a single night, 553,742 people experience homelessness in the U.S., according to the 2017 national estimate by HUD. Despite the most severe numbers appearing in Los Angeles and New York City, Secretary Carson urged, “It’s everybody’s problem.”
Read More »HUD Relief Coming to Florida and Texas, But When?
With thousands of uninsured or underinsured homeowners trying to rebuild after this year’s natural disasters, how is HUD’s grant money being disbursed, and what does it mean for those affected?
Read More »Senate Banking Committee Votes Yes on Brian Montgomery Nomination
Today during a nomination hearing held by the U.S. Senate Banking Committee Brian Montgomery was approved as Assistant Secretary for Housing—Federal Housing Commissioner, U.S. Department of Housing and Urban Development. His nomination will now move to a full Senate vote.
Read More »Senate Banking Committee Mulls Powell and Montgomery Noms
Both nominations are expected to pass the hearings, after which they will still need to be voted on by the full Senate.
Read More »Going Up: Residential Home Sales
According to the latest data released by HUD and the Census Bureau, home sales keep rising—causing a surge in prices.
Read More »A Closer Look at FHA’s CWCOT
When it comes to moving REOs back into the marketplace, the Federal Housing Administration's Claims Without Conveyance of Title program is crucial. However, delving into the complexities of the program can be daunting, which is why we turned to two experts in the space, Altisource's SVP of Real Estate Services Min Alexander and Director of Real Estate Auction Services James Harp.
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