HUD Secretary Julián Castro, whose name has been bantered for months as a possible vice presidential candidate, plans to announce his endorsement for former U.S. Secretary of State and Democratic presidential hopeful Hillary Clinton on Thursday.
Read More »HUD’s OIG Audit Finds loanDepot Originated Ineligible Loans
The Office of the Inspector General of HUD found that loanDepot, LLC, originated loans using ineligible downpayment assistance gifts out of HUD Federal H0using Administration requirements, according to a recent audit.
Read More »HUD Awards Housing Groups $38 Million to Battle Housing Discrimination
HUD will award $38,366,909 million to over 100 housing groups across the nation to fight housing discrimination under their Fair Housing Initiatives Program.
Read More »New Home Sales Sales Climb to Seven-Year High in August
HUD and the U.S. Census Bureau jointly announced Thursday the new residential sales reached a seasonally adjusted annual rate of 552,000 in August 2015, the highest level since February 2008.
Read More »HUD & FHA Urge Homebuyers to Inspect Homes Before Purchasing
HUD and the Federal Housing Administration are urging homebuyers to have their homes inspected prior to purchasing to avoid unanticipated issues.
Read More »FHA’s Proposed Servicing Reforms Limit Access to Credit
The Federal Housing Administration's proposed servicing reforms are limiting credit access to borrowers by altering the time frame for filing insurance claims.
Read More »New Residential Sales Head Back Up in July
New single-family home sales rebounded from disappointing June data, reaching a seasonally adjusted annual rate of 507,000, according to estimates released jointly today by the U.S. Census Bureau and HUD.
Read More »Single-Family Housing Starts Rise in July; Permits & Completions Fall
Single-family construction starts climbed higher for the month of July, while permits and completions dropped, according to new residential construction statistics for July 2015 jointly released by the U.S. Census Bureau and HUD.
Read More »HUD Releases New Housing Resource Technology
HUD recently launched their HUD Resource Locator, a mobile app and website to further expand and enhance traditional HUD customer service among consumers.
Read More »HUD Mortgagee Board Finds Two Mortgage Lenders in Violation of FHA Rules
HUD's Mortgagee Review Board announced settlement agreements of two Texas mortgage lenders on Monday, following allegations that they were allegedly in violation with the Federal Housing Administration rules.
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