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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Home of the day: 2011 Department of Energy Solar decathlon finalist. A recap of HUD’s first ever summit for LGBT seniors. Applications for mortgages are increasing. New York City working to reduce energy costs. Central Oregon launches campaign to end homelessness. And home sales and prices are on the rise in Las Vegas.
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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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HUD Secretary Shaun Donovan says “our military forces should not have to worry about losing their homes to foreclosure while serving their county on active duty.” To help ensure that this does not occur, HUD has revised the Notice of Disclosure form that emphasizes the rights of the military under the Servicemembers Civil Relief Act. [...]
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