May 9, 2012

Daily Housing News Round-Up

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New York’s The Real Deal runs, “HUD Secretary backs refinance reform bill.”

Housing Wire underlines, some families living in the most deeply underwater states such as Nevada and California are receiving principal reductions exceeding $100,000 from the Mortgage Servicing Settlement.

Honolulu puts up $3.5 million toward the purchase of a structure in its urban core to serve homeless individuals with special needs.

BofA offers 6-figure loan discounts in Florida, Palm Beach Post.

And today, HUD announced $40 million in grants to combat housing discrimination. More details at HUD.gov.

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