January 14, 2014

Homeowners Beware of the Tax Identity Thief

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Whether you just bought a home or have owned one for a while, you’re probably looking forward to the mortgage interest deduction you claim when you file your annual income taxes.  But what happens when you go to file your return and you discover they’re already filed? You may be a victim of refund fraud. […]

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January 9, 2014

The Promise of Promise Zones

During the height of the Great Depression, President Franklin Roosevelt challenged the nation when he said, “The test of our progress is not whether we add more to the abundance of those who have much, it is whether we provide enough for those who have too little.” Fifty years ago, another president took up this […]

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December 13, 2013

Annual Report to Congress Shows Progress

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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 […]

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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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