September 24, 2013

5 Years Later – A Housing Market on the Rebound

Cross posted from Zillow.com I will never forget the uncertainty that loomed over our nation five years ago, when a financial collapse on Wall Street spurred the worst economic crisis since the Great Depression. At the time, I was serving as a commissioner in New York City. I vividly remember being in City Hall when […]

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September 4, 2013

Changes to Reverse Mortgages Will Protect Consumers

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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 […]

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August 7, 2013

Strengthening the Middle Class for African Americans Through Housing

Crossed posted from WhiteHouse.gov It wasn’t that long ago that our housing market was in a free-fall – in fact, most of us know somebody in our family or circle of friends who was in danger of losing a home, were foreclosed on, or who had to do a short sale on their property. In […]

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August 6, 2013

Promoting the American Dream of Homeownership

Cross posted from WhiteHouse.gov Today, I joined President Obama in visiting Phoenix, where he laid out his vision for a housing system that promotes the American dream of homeownership. For years, owning a home was a symbol of responsibility and a source of security for millions of middle-class families across the country. But the financial […]

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July 15, 2013

#Housing101: What is a mortgage?

My parents always tell me that the biggest purchase they made in their lives was buying our house. For a long time, I thought that my parents were simply talking about their utilities bills and maintenance fees, when they were actually talking about their mortgage. I knew that a mortgage was one of the many […]

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