May 8, 2012

Daily Housing News Round-Up

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HUD Secretary Shaun Donovan testified today before the Senate Banking, Housing and Urban Affairs Committee Courtesy: McNamee, Getty Images

HUD Secretary Donovan urges Congress to quickly pass legislation to make it easier for more homeowners to refinance their mortgages – The Wall Street Journal, The Los Angeles Times, Bloomberg Businessweek, MarketWatch, Talk Radio News Service and The Hill.

HUD and Obama Administration officials host Georgia White House forum on housing.

HUD teams along with the District will oversee affordable-housing grants, Washington Post.

Bank of America offers loan reductions to thousands of homeowners, The Commercial Appeal.

Sarasota Herald-Tribune editorial “Help for Homeowners” urges Floridians to give Attorney General Pam Bondi ideas for spending Mortgage Service Settlement funding.

The National Mortgage Professional reported, “HUD launches new eCon planning suite.”

And, “Freddie Mac to eliminate fee on deeply underwater loan refis,” according to Dow Jones.

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