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  • Thu, 20 Nov 2014 12:07:06 +0000: HUD Secretary Castro Offers $30 Million Grants to Help Transform Communities – HUD Press Releases
    AUSTIN, TX – U.S. Housing and Urban Development (HUD) Secretary Julián Castro today announced funding available to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding neighborhoods. This funding is subject to increase if there is an FY2015 appropriation. Part of the Obama Administration’s effort to build Ladders of Opportunity to the middle class, HUD is offering grants of up to $30 million through its Choice Neighborhoods Implementation Program to support locally driven solutions for transforming neighborhoods struggling to address poor quality housing, inadequate schools, poor health, high crime, and lack of capital.
  • Wed, 19 Nov 2014 12:07:06 +0000: HUD and Census Bureau Announce New Residential Construction Activity in October – HUD Press Releases
    WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau today announced the following new residential construction statistics for October 2014.
  • Mon, 17 Nov 2014 12:07:06 +0000: FHA Issues Annual Financial Status Report to Congress – HUD Press Releases
    WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial condition of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund. The independent actuarial report shows that FHA’s Mutual Mortgage Insurance Fund (MMIF) has improved going from a negative value to a growth of $21 billion within two years. Read a comprehensive summary of the report released today.

Housing Wire

  • Fri, 21 Nov 2014 23:19:00 +0000: $4.8 billion portfolio of Fannie, Freddie MSRs hits market – All HW content
    “These offerings provide an excellent opportunity to finish off your year with the purchase of a substantial amount of extremely low interest rate, high quality MSRs from a highly reputable mortgage banking company,” said Interactive Mortgage Advisors, which is acting as the exclusive broker for the seller.

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