Archive for affordable housing

Government Seeks Solutions to Foreclosure Glut

August 10, 2011 No Comments

Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently held by FHA, Fannie Mae and Freddie Mac?  Here is your chance to be heard.  The Federal Housing Finance Agency (FHF…

Tags: 203(k), affordable housing, Bulldoze, Fannie Mae, Freddie Mac, Rent Inflation, rental property, reo

$50 Million in Affordable Housing and Community Development Grants Awarded

March 2, 2011 No Comments

The Department of Housing and Urban Development has announced $50 million in capacity building grants to three national groups that support affordable housing and community development.  The grants, which require a three-to-one private/public p…

affordable housing

The Role of Affordable Housing in Stimulating Job Creation and Economic Development

January 14, 2011 No Comments

Facilitating the availability of affordable housing appearspays big dividends to local communities as well as to homeowners according to a study released today by the National Housing Center and the Center for Housing Policy. The Role of Affordable Hou…

affordable housing, job creation

Investors, First-Time Buyers Growing Leary of Distressed Market

The latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey, released on Monday, has a pair of findings that should be distressing to...

CBO Evaluates Potential Costs of a Large-Scale Refinancing Program

The non-partisan Congressional Budget Office (CBO) just released a working paper entitled An Evaluation of Large-Scale Mortgage Refinancing Programs in which it...

Government Seeks Solutions to Foreclosure Glut

Have a bright idea about how the government can best liquidate the current huge inventory of owned real estate (REO) currently...

Loan Demand Up as Mortgage Rates Fall

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 29, 2011.  Excerpts...

FHA’s Mortgage Review Board Sanctions 240 Lenders

The Federal Housing Administration's (FHA's) Mortgagee Review Board (MRB) has posted the results of formal actions taken against 240 lenders for...

Foreclosure Activity Drops in First Half of Year

Almost 85 percent of large cities showed a decrease in foreclosure activity during the first six months of 2011 according to...

Loan Demand: Refi Index Near 2011 Highs

The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey* for the week ending July 22, 2011.  Last...

Foreclosuregate: Banks Seek Immunity from Civil Lawsuits

I found the timing of this news to be extra interesting. WHY? Because the Consumer Financial Protection Bureau goes...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...

Foreclosure Reality Distorted by Processing Delays

RealtyTrack has reported a generally downward trend in foreclosure filings since last fall, but the monthly variations tended to mask the...