Tue, May 31 2011, 12:17 PM
Anyone lending in
"higher loan amount areas" should read the latest from HUD on the
probable/possible changes that will take place on October 1. "Ba...
Thu, May 19 2011, 8:48 AM
The Huffington
Post reported late yesterday that five of the country's largest mortgage lenders may have defrauded taxpayers by filing false clai...
Mon, May 9 2011, 10:22 AM
Today the village of Plato, Mo.,
(population 109) will celebrate its selection as the "2010 Census Center
of Population" with a little party. "The m...
Thu, Apr 28 2011, 2:17 PM
In a
telephone press conference this afternoon U.S. Housing and Urban Development Secretary Shaun Donovan awarded more than $216 million to nearl...
Mon, Mar 28 2011, 10:30 AM
Did
anyone from your county move in 2008? It is not my job to keep track of them -
but someone does. Privacy issues aside, Realtors may find this in...
Tue, Mar 22 2011, 9:49 AM
The U.S. Treasury announced that it will
begin an "orderly wind down" of its $142 billion MBS portfolio over
about 1 year by selling roughly $10 bil...
Mon, Mar 14 2011, 12:32 PM
Five federal
agencies representing a myriad of policy interests are planning a summer forum to
address a variety of health and safety problems arisi...
Wed, Mar 9 2011, 9:57 AM
The Department
of Housing and Urban Development was sued this week by
the American Association of Retired Persons (AARP) Foundation Litigation o...
Mon, Mar 7 2011, 11:38 AM
Late in 2010, mortgage bankers
seemed to be scrambling for warehouse lines. Now that things have quieted down
need-wise, how is the warehouse biz do...
Wed, Mar 2 2011, 10:03 AM
In his prepared remarks on the Dapartment of Housing and Urban Development's fiscal year 2012 budget, HUD Secretary Shaun Donovan
yesterday tol...
Fri, Feb 18 2011, 11:01 AM
The
Department of Housing and Urban Development (HUD) has premiered a quarterly publication
that will highlight policy-relevant research for policy ...
Wed, Feb 16 2011, 9:00 AM
The U.S. Census Bureau and the Department of Housing and Urban Development have released New Residential Construction statistics for January 2010....
Tue, Feb 15 2011, 10:14 AM
U.S. Department of Housing and Urban Development (HUD) Secretary Shaun
Donovan has released HUD's 2012 Fiscal Year budget request.
The late...
Mon, Feb 14 2011, 10:42 AM
The Departments of Housing and Urban Development (HUD) and
Veterans Affairs (VA) have cooperated on another initiative toward their mutual
interest ...
Mon, Jan 31 2011, 11:09 AM
President Obama gave the State of the Union Address last Tuesday. You either loved it or hated it.
Supporters
say he inspired a feeling of ...
Mon, Jan 31 2011, 9:38 AM
It is the last day of January already? Time flies. This year we have 4
unusual dates: 1/1/11, 1/11/11, 11/1/11 and 11/11/11. Is it a
coincidence t...
Thu, Jan 20 2011, 11:37 AM
HUD has announced $1.4 billion in grants for homelessness programs in all 50 states. The grants, destined for over 6700 programs, are are all continu...
Tue, Jan 18 2011, 2:36 PM
The Federal Housing Finance Agency (FHFA) announced Tuesday that it has instructed Fannie Mae and Freddie Mac to study possible alternatives to the cu...
Wed, Dec 29 2010, 11:38 AM
HUD has announced the award of $73 million in funds for housing counseling. This is a 22 percent increase over the funds that were available last ye...
Tue, Dec 28 2010, 10:52 AM
Ally and Fannie Mae Agree on Loan Repurchase Resolution; HUD Violations Listed; California Behind on Originator Licensing Applications
Fri, Nov 19 2010, 10:04 AM
JPM Offloads Chunk of Servicing; HUD's Good Neighbor Next Door; Ambac Buyback Claims; Freddie Appraisal Quality; DU Version 8.2
Tue, Nov 9 2010, 2:45 PM
The Department of Housing and Urban Development and the National Association of Realtors have jointly produced three videos to assist potential home b...
Thu, Oct 21 2010, 11:12 AM
Two cabinet level departments have announced recipients of $68 million dollars in planning grants for local projects that integrate housing, employmen...
Mon, Oct 18 2010, 1:09 PM
It's very clear that the Obama Administration doesn't support a 50 state foreclosure moratorium, but I haven't seen them offer up much in terms of a s...
Tue, Oct 12 2010, 11:34 AM
One billion dollars in emergency funds will soon be available to help homeowners "bridge" their mortgage payments while they recover from the impact o...
Mon, Aug 30 2010, 2:11 PM
In a Sunday news show appearance, HUD Secretary Shaun Donovan said that it was too early to discuss a revival of the homebuyers tax credit even though...
Wed, Aug 11 2010, 12:40 PM
FHA premium date change; too much industry news to list - much of it good; does buying bonds really help the economy?
Wed, Jul 28 2010, 11:25 AM
Home Builder Rankings; Updates from HUD and Fannie; Home Ownership Stats; FHA Sanctions;
Wed, Jul 28 2010, 3:18 PM
HUD and FHA opened a public comment period on Thursday on another series of changes to underwriting guidelines, including the reduction of seller conc...
Tue, Jul 6 2010, 10:55 AM
The Department of Housing and Urban Development has released preliminary data from its 2009 American Housing Survey showing that American homes are bi...
Tue, Jun 22 2010, 11:52 AM
The Departments of Housing and Urban Development and Transportation will coordinate funding awards for planning projects linking housing and transport...
Tue, Jun 22 2010, 11:36 AM
Credit Unions Still Offer HELOCs; FinReg Reform Update; HUD Guidance on FHA Approval; More Investor Bulletins
Mon, Jun 21 2010, 3:04 PM
HUD annual report to Congress on the incidence of homelessness found a slight decrease in the numbers of unsheltered homeless but an increase in the n...
Fri, Jun 18 2010, 1:02 PM
Four federal banking regulators have announced a proposed change to Community Redevelopment Act definitions which would allow local banks and thrifts ...
Wed, Jun 16 2010, 11:27 AM
Signs of Life in the Non-Agency Mortgage Market; Housing Supply Shortage?; HUD's Final Rule; Fannie & Freddie Delisted; Apps Rise
Tue, Jun 15 2010, 3:30 PM
HUD today released MORTGAGEE LETTER 2010-20. This Mortgagee Letter provides an overview of key provisions of HUD’s recently issued final rule referenc...
Fri, Jun 11 2010, 11:33 AM
In a joint statement last week, Veterans Administration (VA) Secretary Eric K. Shinseki and Housing and Urban Development (HUD) Secretary Shaun Donova...
Thu, May 27 2010, 12:54 PM
HUD Secretary Shaun Donovan presented the details of a new rental assistance program to members of Congress on Tuesday. The program is part of the Pr...
Tue, May 18 2010, 11:19 AM
Defending The Mortgage Industry From Generalizations; New HUD Mortgagee Letter; HAMP Data; TB&W Chairman in Trouble; Quicken Loans
Thu, May 13 2010, 9:33 AM
HUD Secretary Shawn Donovan told his staff on Wednesday that the agency's new strategic plan and its five associated goals will serve to carry the age...
Fri, May 7 2010, 11:26 AM
Impact of Fannie's Quality Control Initiative on Lenders; PMI Reports Improving Home Values; HUD Gives Guidance on Lead Paint
Fri, Apr 30 2010, 11:11 AM
Last Day to Take Advantage of Home Buyer Tax Credit; Last Day of GFE Leniency From HUD; Carry Trade Primer
Tue, Apr 27 2010, 10:56 AM
How Will Mortgage Bankers Survive in 2010?; HUD Online Training; Mortgage Rate and Yield Spread Primer
Mon, Apr 12 2010, 10:57 AM
Mortgage Insurance Updates; Credit Union Shut Down; HUD Accepts Electronic Signatures; Wells Reminds About Appraisal Flipping
Mon, Apr 5 2010, 10:27 AM
UFMIP Reminder; HUD Shuts Down Two Lenders; REO Appraisal Guidance; Primary Dealers; Texas Laws Pay Off
Wed, Mar 31 2010, 11:29 AM
The Department of Housing and Urban Development has announced over $49 million in grants to state level public housing agencies to use in an ongoing p...
Fri, Mar 26 2010, 11:03 AM
HUD announced today that Recovery Act funds have allowed state and local housing agencies to improve or renovate 150,000 low-income housing units whil...
Tue, Mar 9 2010, 3:37 PM
The Department of Housing and Urban Development is reporting that over 3,000 HUD funded groups have complied with reporting requirements regarding hir...
Mon, Mar 1 2010, 10:13 AM
Mandatory Loan Commitment Speedbump? GSE Earnings; Interest Only Loans a Thing of the Past; More on HUD, RESPA, and the GFE
Mon, Mar 1 2010, 3:23 PM
The U.S. Department of Housing and Urban Development, in partnership with the Loan Modification Scam Prevention Network, today announced the launch of...