December 13, 2013

Annual Report to Congress Shows Progress

Written by:

Today, the HUD released its Fiscal Year (FY) 2013 Annual Report to Congress on the Financial Status of the Mutual Mortgage Insurance (MMI) Fund, which reports the results of an independent actuarial evaluation of the Fund. According to the independent actuary, the Fund has gained $15 billion in value and now stands at an economic net worth […]

cont
September 4, 2013

Changes to Reverse Mortgages Will Protect Consumers

Written by:

HUD has a long history of helping our nation’s seniors find quality, affordable housing.  With the help of initiatives like our Section 202 housing and Assisted Living Conversion Programs (ALCP), we make sure to set aside some of our housing assistance resources for our most vulnerable elderly populations – promoting their independence and inclusion in […]

cont
August 7, 2012

Daily Housing News Round-Up

“FHA Refinance Applications Surge Almost 200 Percent”, Santa Ana Business News Examiner CNN Money prints Housing Recovery Could Lift Jobs, Spending. “Affordable housing program helps elderly couple regain financial strength.” Old Alexandria Patch writes City Hosts Roundtable on Responsible Homeownership. .And, KARK 4 News publishes Grant for Little Rock’s Our House Will Help the Working […]

cont
July 19, 2012

Daily Housing News Round-Up

Reuters runs, “U.S. housing poised to boost economy.” “Housing is suddenly a bright spot for economy,” Christian Science Monitor. Hispanic Business reports Bill in Congress aims to improve Federal Home Refinance Plan. “FHA opens sale of troubled loans,” Apartment Finance Today. “Mortgage rates drop again, Freddie Mac says; 30-year at 3.53 percent,” headlines Los Angeles […]

cont
June 20, 2012

Daily Housing News Round-Up

Apartment Finance Today runs “a Q&A With FHA’s Marie Head.” HUD in Gary, Hammond and East Chicago provides smoke-free kits. Palm Beach County, Fla. to open interim housing, new resource center for the homeless. Lancaster, Cali. is recognized by the International  Energy Globe Award for its success in employing alternative energy and conservation projects around […]

cont