Tag Archives: HUD

The FHA hopes this added clarity will appease banks and large lenders that have pulled out of the FHA loan program or implemented harsher credit standards fearing lawsuits and penalties over troubled loans.

Home building rebounded this month with a surge in single-family home construction, inducing starts, permits, and completions, signaling newfound confidence in the housing market and economy.

Patrick Nackley, Director of Marketing and Business Development at Superior Home Services sat down with MReport to explain how the new HUD advisement will affect servicers' businesses and what they can do to adjust and comply with the changes.

Did former FHA Commissioner and Assistant HUD Secretary David Stevens, now MBA President and CEO, violate two separate statutes banning him from having contact with officials from his former agency?

New single-family home sales and the median home price began the year on weak note in terms of the monthly changes, but there are some optimistic signs behind the data.

Five Star Institute President and CEO Ed Delgado recently met with HUD Secretary Julián Castro to ask the Secretary to consider issuing a mortgagee letter to set the definition and criteria for identifying vacant and abandoned properties.

Housing starts declined for the second consecutive month in January, despite industry forecasts that they would recover from the previous month's decrease.

Since the housing crisis, minority borrowers have had trouble getting a mortgage loan or been completely locked out of the housing market due to affordability problems. Now, eight years into the recovery, minorities are still a disproportionate part of the housing economy.

Housing policy has been overlooked many times by the Obama Administration. During President Barack Obama's last State of the Union address in January, he did not mention one housing-related topic at all, but his FY 2017 budget will make a substantial investment toward housing.

There was no seasonal, holiday slowdown for new home sales, as buyers showed their increasing demand for housing by purchasing more homes since the end of the financial crisis.