May 16, 2011

Daily Housing News Round-Up

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This post is also available in: Spanish

Here’s what’s been brewing today in the world of housing news:

  • This weekend, Secretary Donovan talked to CNNMoney about the housing market and HUD’s efforts to aid struggling homeowners.
  • Over the last three years, homeowners have slashed their collective outstanding mortgage debt. Freddie Mac’s Frank Northaft says refinancing has a lot to do with it.
  • Affordable housing developers should see cheaper construction debt this year.
  • The Washington City Paper’s Lydia DePillis takes a closer look at HUD’s HOME program.

Speaking of the HOME program, don’t forget to check out our video showcasing how HOME has catalyzed positive change in communities nationwide.

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