Conn. Governor Dannel P. Malloy and Attorney General George Jepsen today announced that state funds from the $25 billion Mortgage Servicing Settlement will be spent to expand programs that assist distressed homeowners in the region, The Associated Press. Housing Wire reports, FHA may relax condo rules soon. In San Diego, HUD-VASH, the HUD-Veterans Affairs Supportive [...]
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Last week, Secretary Donovan joined Holly Petraeus in Centennial at the Colorado National Guard HQ to announce the Office of Servicemember Affairs. HUD awarded nearly $760,000 in grants to combat housing discrimination in Wisconsin, The Milwaukee Courier. The Associated Press reported, “economists more upbeat about job growth, housing.” Indianapolis metro area ranked No. 1 in [...]
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On Wednesday, May 16th, we released two reports on the impact HUD-approved housing counseling has for those families who purchase their first homes and those struggling to prevent foreclosure. In both studies, we found housing counseling significantly improved the likelihood homeowners remained in their homes. Specifically, we found that 35 percent of participants became homeowners [...]
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The White House, U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury hosted a Maryland White House Forum on Housing yesterday to discuss programs and initiatives promoted by the Obama Administration that help responsible homeowners and struggling communities hit hardest by the housing crisis. The White House Housing Forum [...]
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Reuters runs, “housing chief hits road to spur mortgage relief.” The Atlanta Journal Constitution reports, “housing counseling helps foreclosure outcomes.” HUD grants provide $226,350 for three Gainesville shelters. The Massachusetts House of Representatives passed a bill that would establish standards to protect loan borrowers from unnecessary foreclosures. HSH Financial Publishers blogs, “new refinance plan seeks [...]
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