Tag Archives: HUD

Hundreds of housing counseling agencies nationwide will receive the HUD grants, which will assist families who are buying their first home, attempting to locate affordable rental housing, or trying to avoid foreclosure.

HUD Secretary Julián Castro will visit five communities to promote the Department's collection of best ideas from local leaders around the country on how to solve the most difficult issues their communities are facing.

The issue of vacant and abandoned properties has become one of national concern; the Five Star President and CEO recently met with the HUD Secretary to enlist his assistance in finding solutions.

The meteoric rise of the sitting HUD Secretary has many speculating about his future. In this exclusive interview with DS News Assistant Editor Brian Honea, the man many are calling the “VP in waiting” discusses politics, the future of housing, and new opportunities that await him.

Last month in his final State of the Union address, President Barack Obama failed to mention housing policy at all. His proposed FY17 budget to be unveiled Tuesday calls for a substantial investment in housing, however.

Elected officials and community leaders in cities all over the country are rallying to protest sales of non-performing mortgages to Wall Street investors. What is the proposed solution?

Do investors and private equity firms that buy distressed loans really help borrowers achieve the best outcomes? Two Democratic lawmakers want to know.

Counsel's Corner is an ongoing series in which DS News talks with default servicing attorneys around the country about the most pressing issues facing the default servicing industry. This installment features Steve Dane, partner with Relman, Dane & Colfax in Toledo, Ohio.

Banks and other financial institutions have agreed to many multimillion and even multibillion dollar settlements following the financial crisis for their mortgage practices. This week, however, HUD ruled in favor of U.S. Bank in a complaint that alleged racial discrimination in REO property maintenance.

HUD's Distressed Asset Stabilization Program has come under fire recently, but are all the criticisms warranted?