December 21, 2011

Winning the Fight against Lending Discrimination

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In the largest fair lending settlement in history, today HUD Secretary Shaun Donovan joined Attorney General Eric Holder to announce a $355 million agreement with Countrywide Financial Corporation, a mortgage lender now owned by Bank of America. The case against Countrywide alleges that between 2004 and 2008, the company practiced lending discrimination against more than […]

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October 12, 2011

Project Rebuild: In Richmond and Columbus, a Case for the American Jobs Act

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Last week, Secretary Donovan visited Richmond, VA and Columbus, OH to see firsthand how previous neighborhood stabilization efforts have helped revitalize neighborhoods, create jobs,  stabilize home prices, and stimulate  local economies. It was a chance to see the impact HUD has had in neighborhoods that were affected by the foreclosure crisis and also demonstrate how […]

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September 22, 2011

Arts and the Quality of Place

This post comes from Paulette Beete at Art Works, the official blog of the National Endowment for the Arts. This past Saturday, U.S. Secretary of Housing and Urban Development Shaun Donovan spoke at MoMA PS1 in Long Island City, Queens, as part of the museum’s Foreclosed: Rehousing the American Dream. The workshop and exhibition—which included an architect-in-residence […]

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August 16, 2011

A picture IS worth a thousand words

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A foreclosed property can hurt the value of nearby homes and even be a drag on the surrounding neighborhood.  Knowing where these “real estate owned” or REO properties are is critical if we want to turn that property into a real home again. HUD is hoping to help struggling housing markets through a new web-based […]

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August 12, 2011

Daily Housing News Round-Up

Before you head out the door to enjoy your weekend, check out today’s housing news: An Arizona company turns foreclosed houses into efficient, affordable homes. HUD is helping New Jersey provide support for people living with HIV and AIDS. For a look at what that help does, check out this new development in Las Vegas. […]

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