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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...

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Housing 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...

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Get 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...

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MORTGAGEE 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...

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Homeowner 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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