Today, Secretary Donovan testified before the Senate Subcommittee on Banking, Housing, and Urban Affairs. Mortgage Daily’s headline, “HUD Chief: FHA Returning to Mandated Reserve Level by 2015.”
The Las Vegas Review-Journal reports, city and bank officials tout $9 million program to boost Las Vegas homeownership. The Las Vegas Sun also expounds on the public-private partnership entitled, Neighborhood LIFT.
The Chicago Tribune shares facts about reverse mortgages.