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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June 21, 2013

Protecting Responsible Homeowners by Holding Mortgage Lenders Accountable

On June 19th, Joseph A. Smith, the Monitor of the National Mortgage Settlement, released a report which stated that the nation’s largest mortgage servicers have failed eight of the servicing standards listed in the National Mortgage Settlement. The Monitor’s testing through the end of last year resulted in three testing fails, and there have been […]

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June 28, 2012

Daily Housing News Round-Up

The Atlantic runs, how the feds are building more sustainable cities. “President Barack Obama has said expanding HARP will make cheaper credit available to more homeowners with mortgage rates near record lows,” Bloomberg. USA Today prints, thirty-year mortgage rate stays at record low 3.66%. The Boston Globe commends Somerville woman for work with the homeless. […]

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December 16, 2011

Daily Housing News Round-Up

Written by:

Home of the day: the nation’s first energy-efficient log cabin in Penwater, MI.   The Washington Posts’ Mark Zandi argues that aggressive intervention by the FHA saved the housing market and the economy from a much darker fate. Los Angeles County is one of five places across the country selected for HUD’s “Section 3 Business Registry” […]

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