November 15, 2011

Weathering the Storm

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Earlier today, we released the Federal Housing Administration’s (FHA) Fiscal Year 2011 Report to Congress.  This report gives the financial condition and fiscal outlook of FHA’s Mutual Mortgage Insurance (MMI) Fund.  I am happy to say that even though FHA has come through the most severe economic crisis since it was created in 1934, the […]

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Daily Housing News Round-up

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Greetings HUDdlers! Enjoy this unseasonably warm weather with today’s top housing headlines… Energy efficiency program gains steam in Milwaukee, WI. Affordable housing complex proposed in Boise, ID. Housing community set to be renovated in tornado-damaged Tuscaloosa, AL. Homeowners in New Jersey may be eligible for home rehabilitation grants. And Congress votes to increase FHA loan […]

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October 26, 2011

Well-Thy

HUD Region 10 Public Affairs Drive by a hospital and you may not think much about it.  In between now and then, there may not seem much reason to give the hospital a second thought. Until, of course, you need one.  Even in the 21st century, lots of people live in towns that don’t have […]

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July 8, 2011

FHA Providing Unemployed Homeowners Extra Time to Get Back on Their Feet

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If you’re unemployed and having trouble making payments on your FHA-insured mortgage, more help is on the way!  The Federal Housing Administration (FHA) already requires its lenders to go the extra mile in helping un- or underemployed borrowers who are at least three months behind in their mortgage.  Now, FHA is providing additional breathing room […]

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May 11, 2011

Special mortgage relief for FHA borrowers in disaster areas

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In the wake of disaster, the last thing you should be thinking about is a pending foreclosure.  The Federal Housing Administration (FHA) is reminding all of its mortgage lenders that a 90-day freeze on foreclosures automatically goes into effect on FHA-insured homes in Presidentially Declared Disaster Areas.  President Obama has declared certain counties in Alabama, […]

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