HUD announced the latest offering of vacancy loan pools. What are the purpose of these offerings?
Read More »HUD Scorecard Depicts Housing Recovery
Despite the recent increase in foreclosure levels, according to HUD the market is still on the right track.
Read More »HUD Announces First Vacant Loan Sale
The U.S. Department of Housing and Urban Development (HUD) recently announced the first of a new offering type, the HUD-Held Vacant Loan Sale.
Read More »HUD Allocates Housing Relief Funds
HUD awards states recover funds after severe flooding events that occurred earlier this year.
Read More »New FHA Changes Streamline Loss Mitigation Protocols
FHA makes their process more efficient to help delinquent homeowners avoid foreclosure.
Read More »HUD Offers Immediate Foreclosure Relief to Flood Victims
Julián Castro recently announced that HUD will quickly provide federal disaster assistance to Louisiana as well as provide support to homeowners and low-income renters forced from their homes due to severe storms and flooding.
Read More »Fannie Mae Updates Foreclosure & Modification Servicing Guides
Fannie Mae recently release the latest Servicing Guide with updates including allowable foreclosure attorney fees for New York, suspending foreclosure proceedings for a streamlined modification offer, and servicing government mortgage loans.
Read More »At Risk Homeowners Allege Discrimination
Emery Celli Brinckerhoff & Abady (ECBA) and MFY Legal Services recently filed a federal class action challenging the legality of a Department of Housing and Urban Development (HUD) program that sells government-insured FHA home mortgages to private equity funds, leaving these borrowers without insurance-program benefits they are entitled to and putting them at heightened risk of foreclosure
Read More »On the Right Track: Scorecard Paints a Picture of Housing Health
HUD recently published a housing scorecard reviewing the monthly analysis of the housing market and the government programs implemented for the mortgage industry.
Read More »Could Housing Counseling Use an Upgrade?
Housing counseling as a resource to reduce the need for loan modification and foreclosures has been shown to be very beneficial since the housing crisis, but is there still more housing counseling can do to further impact homeowners?
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