May 16, 2011

Daily Housing News Round-Up

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This post is also available in: Spanish

Here’s what’s been brewing today in the world of housing news:

  • This weekend, Secretary Donovan talked to CNNMoney about the housing market and HUD’s efforts to aid struggling homeowners.
  • Over the last three years, homeowners have slashed their collective outstanding mortgage debt. Freddie Mac’s Frank Northaft says refinancing has a lot to do with it.
  • Affordable housing developers should see cheaper construction debt this year.
  • The Washington City Paper’s Lydia DePillis takes a closer look at HUD’s HOME program.

Speaking of the HOME program, don’t forget to check out our video showcasing how HOME has catalyzed positive change in communities nationwide.

Connect with HUD on social media and follow Secretary Castro on Twitter and Facebook.

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