HUD Website Teaches Healthy HomeOwnership and Financial Literacy
WASHINGTON – The U.S. Department of Housing and Urban Development today launched a new, comprehensive website to assist Americans with improving financial literacy, sustaining healthy homeownership and...
View ArticleHousing Value Returns to March 2005 Levels
The Federal Office of Housing Enterprise released its statistics on the prices of homes nationwide. The report is a month by month and broken down by the nine national census districts. The data is...
View ArticleGet Your Liar’s Loan Done before 2010
One of the most devastating factors in the national collapse of confidence in the home mortgage marketplace is the pervasive fraud that infested the mortgage brokerage system. In the good old days...
View ArticleMORTGAGEE LETTER 2008-21 – Hud explains its Loan Modification Rules to Lenders
When you take a few minutes to read the internal guidelines of lenders on setting up loan modifications, you often find reference to “MORTGAGEE LETTER 2008-21″ where the Department of Housing and Urban...
View ArticleHomeowner Affordability and Stability Plan – The Federal Bailout for Homeowners
The US Treasury department released new details this week on its upcoming program to encourage lenders to modify loans for homeowners.The program includes annual payments to the lenders of up to 1000...
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