Mortgage Rates Unchanged With Help From Fed

Mortgage rates were noticeably higher to begin the day, but most lenders offered mid-day improvements after the release of the hotly-anticipated Fed Minutes (from the March 14-15 meeting). For those that don’t necessarily follow every little movement in the bond market, it’s ironic that tend to move down just after the Fed releases big news […]

Mortgage Rates Higher Despite Help From The Fed

Mortgage rates were higher to end the day, but not as high as they might have been without the Fed Statement. The day began with a series of strong economic reports. The ADP Employment Report was much stronger than expected, as was the employment component of the ISM Manufacturing report. Investors connect those dots to […]

HUD, VA Team up to Help Homeless Veterans Find Permanent Homes

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced $ 18.5 million to 39 local public housing agencies across the country to provide a permanent home to an estimated 2,100 veterans experiencing homelessness…. HUD Press Releases

HUD Awards $500 Million to Help Louisiana, Texas and West Virginia to Recover from Historic Flooding

WASHINGTON – U.S. Housing and Urban Development (HUD) Secretary Julián Castro today awarded a total of $ 500 million to help Louisiana, Texas and West Virginia to recover after severe flooding events that occurred earlier this year…. HUD Press Releases

HUD Secretary Announces Help for Victims of Hurricane Matthew

WASHINGTON – U.S. Housing and Urban Development Secretary Julián Castro today announced HUD will speed federal disaster assistance to the States of North Carolina, Florida, and Georgia and provide support to homeowners and low-income renters forced from their homes due to Hurricane Matthew…. HUD Press Releases

HUD and Justice Department Award $300,000 to Help Justice- Involved Youth in New Jersey, Ohio and Pennsylvania Find Jobs and Housing

WASHINGTON – To help advance housing, jobs and educational opportunities for justice-involved youth, HUD and the Department of Justice today announced $ 300,000 in grants to Public Housing Authorities (PHAs) and legal assistance organizations in New Jersey, Pennsylvania and Ohio…. HUD Press Releases

HUD Awards More Than $14 Million to Help Low-Income Public Housing Residents Secure Higher Paying Jobs

WASHINGTON – In an effort to help low-income public housing residents secure higher paying jobs and access to greater opportunity, the U.S. Department of Housing and Urban Development (HUD) today announced a $ 14 million investment in six public housing authorities and their partners…. HUD Press Releases

FHA Streamlines Process to Help Delinquent Homeowners Avoid Foreclosure and Remain in Their Homes

WASHINGTON – The Federal Housing Administration (FHA) today announced new procedures to strengthen the process mortgage servicers use to help struggling families avoid foreclosure and remain in their homes. FHA is streamlining its loss mitigation protocols that servicers must use when evaluating and deploying ‘home retention options,’ foreclosure alternatives that allow delinquent borrowers to retain […]

HUD Proposes New Rule to Help Children Exposed to Lead Paint Hazards

WASHINGTON – In an effort to immediately help young children with elevated blood lead levels living in federally assisted housing, the U.S. Department of Housing and Urban Development (HUD) is proposing to lower the Department’s threshold of lead in the child’s blood to match the one used by the Centers for Disease Control and Prevention […]

HUD and VA Announce Additional Support to Help Homeless Veterans Find Permanent Homes

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) today announced a second round of funding to help provide permanent homes to an estimated 108 veterans experiencing homelessness in seven states…. HUD Press Releases