The FHA said this proposal will help make the program “more viable” for foreclosure sales associated with defaulted FHA-insured mortgages.
Read More »Avoiding Foreclosure at All Costs
New research highlights areas for improvement in HUD and FHA’s foreclosure prevention actions during the Great Recession with implications for the current market.
Read More »HUD Responds to Financial Services Committee’s Claims
The Department said its policy toward DACA recipients for the FHA mortgage program "has not changed" under the Trump Administration.
Read More »HUD’s Dr. Benjamin Carson Delivers Opportunity Zone Update
The report identifies legislation and executive actions that state governments have taken to address distressed housing.
Read More »Dana Wade Expected to ‘Hit the Ground Running’
The industry reacted after the Senate Banking Committee advanced the nomination of the next Federal Housing Commissioner.
Read More »Brian Montgomery Confirmed as Deputy HUD Secretary
"During this unprecedented pandemic, he has been by my side every step of the way as we have implemented policies to protect Americans across the country," said Secretary Ben Carson.
Read More »HUD, FHFA, CFPB Join Forces to Assist Homeowners
FHA Commissioner Brian Montgomery adding the agencies began working together at “immediate onset” of the pandemic.
Read More »130M Americans Receive Coronavirus Relief Payments
The U.S. Department of the Treasury announced it has sent out more than $218 billion in less than five weeks, while the Department of Housing and Urban Development committed another $1 billion to assist homeowners.
Read More »Ben Carson Commends Investigation Into Landlord Sexual Harassment Complaints
“No one should have to endure sexual harassment and degrading treatment, especially to keep a roof over their heads," the HUD Secretary stated in response to the DOJ's initiative.
Read More »Hon. Brian D. Montgomery Discusses the State of Housing
The Federal Housing Commissioner shared keen insights with Five Star Global’s President and CEO Ed Delgado on HUD’s response to COVID-19, helping homeowners, and changes to the CWCOT program.
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