Upcoming Foreclosures - HUD Foreclosures News

HUD Foreclosures News

Obama Administration Plans Mortgage Aid, HUD’s Donovan Says Sunday, August 29, 2010 @ 11:18PMThe Obama administration plans to set up an emergency loan program for the unemployed and a government mortgage refinancing effort in the next few weeks to help homeowners after home sales dropped in July, Housing and Urban Development Secretary Shaun Donovan said.
South Florida benefits from Neighborhood Stabilization Program Sunday, August 29, 2010 @ 10:00PMWith whole neighborhoods in distress after a tsunami of foreclosures hit South Florida, the federal government's quarter-billion dollar fix-it program is now beginning to pick up steam, just as crucial deadlines loom around the corner.
Obama Administration Plans Two Mortgage-Aid Steps, HUD Chief Donovan Says Sunday, August 29, 2010 @ 10:44AMThe Obama administration plans to take two new steps in the next few weeks to help struggling homeowners pay their mortgages, Housing and Urban Development Secretary Shaun Donovan said.
HUD Shares Plans for New Reverse Mortgage Option Friday, August 27, 2010 @ 9:04AMLower Upfront Costs to Be Key Feature of New Version of FHA Home Equity Conversion Mortgage
Foreclosures aren't over, despite quarterly drop in mortgage delinquency Thursday, August 26, 2010 @ 12:58PMForeclosures may come down as the jobs market improves, but the share of home loans in serious trouble remains elevated.
Report: Mac-Clair Mortgage Corporation failed to properly underwrite certain Federal Housing Administration loans, may ... Thursday, August 26, 2010 @ 8:43AMA local mortgage company and/or its owner may have to pay $1.18 million after a probe into the company by a government watchdog agency found it failed to properly underwrite seven of 20 Federal Housing Administration loans it reviewed.
Vacated apartments cause concern Wednesday, August 25, 2010 @ 11:29PMTucson - The Vista Sierra apartment complex on Fort Lowell was shut down in June because conditions got so bad. The heating and cooling system broke down several times and the complex was forced into foreclosure.
On the Road from Recovery to Revitalization Wednesday, August 25, 2010 @ 3:46PMFive years ago, one of the most destructive natural disasters in our nation’s history hit the Gulf Coast. When they hit the coasts of Louisiana and Mississippi, Hurricanes Katrina and Rita took thousands of lives, displaced millions of residents, wiped out hundreds of square miles of coastal land, and inflicted major damage to nearly 300,000 homes. A half-decade later, Gulf Coast residents ...
The ethics of strategic default Monday, August 23, 2010 @ 5:17PMHere are three words that can stir moral outrage: Just walk away.
Casey, Fattah Highlight Benefits of New Emergency Mortgage Relief Law Wednesday, August 18, 2010 @ 3:13PMPHILADELPHIA, Aug. 18 /PRNewswire-USNewswire/ -- Homeowners who have lost their jobs and face foreclosure will benefit from the new $1 billion emergency mortgage relief program scheduled to go into effect by Oct. 1, Senator Bob Casey (D-PA) and Congressman Chaka Fattah (D-PA) announced today.
Short Sale Seminar Sept 2010 Will Provide Answers For Troubled Homeowners Wednesday, August 18, 2010 @ 2:00AMAija Halliday, a Realtor who specializes in Silicon Valley properties is participating in a seminar specifically for homeowners who need answers about methods of preventing foreclosure on their homes. The free event will be attended by certified HUD counselors as well as attorneys who can help homeowners get honest answers to the confusing questions they are facing, as well as specific advice ...
Housing Policy Discussion Finds Little Common Ground Tuesday, August 17, 2010 @ 2:41PMLenders, affordable housing experts, financiers, and others focus on vastly different priorities and factors during Treasury housing summit panel.
Monroe County private communities can't have the foreclosure aid they need Monday, August 16, 2010 @ 12:07AMFederal foreclosure rehab funds can't be used in the Monroe County private developments where the need is greatest, frustrating one local official. The Monroe County Redevelopment Authority received an $825,000 grant through the U.S.
Monroe County private communities can't have the foreclosure aid they need Sunday, August 15, 2010 @ 11:06PMFederal foreclosure rehab funds can't be used in the Monroe County private developments where the need is greatest, frustrating one local official.
Consumers can get aid now to avoid foreclosure Sunday, August 15, 2010 @ 10:44PMThe statistics on home mortgage foreclosures are sobering. One in every 200 homes will be foreclosed upon. One child in every classroom in the United States is at risk of losing his home because his ...
1,616: Foreclosures set record for Cobb Thursday, August 12, 2010 @ 11:05PMMARIETTA - A record number of Cobb properties - 1,616 - are bound for the foreclosure auction block next month. The county's previous record was for the October 2009 sale, when 1,609 properties ...
The houses that City Hall built Thursday, August 12, 2010 @ 4:57PMThis story originally appeared in The Buffalo News on Sunday, March 7, 2010. Buffalo spent $30 million over the past quarter century to help people buy homes they couldn't otherwise afford as part of the city's attempt to rebuild blighted communities.
Calif. Dem blasts HUD for happy talk Thursday, August 12, 2010 @ 3:25PMRep. Dennis Cardoza says Washington is out of touch on the housing crisis.
Obama Administration Announces Additional Support for Targeted Foreclosure-Prevention Programs to Help Homeowners ... Thursday, August 12, 2010 @ 3:23PMRISMEDIA, August 13, 2010—The Obama Administration recently announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs. Through the existing Housing Finance Agency (HFA) Innovation Fund for the Hardest Hit Housing Markets (the Hardest…
Foreclosure Prevention Program Thursday, August 12, 2010 @ 3:21PMWASHINGTON – The Obama Administration today announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs.
TN to get $81M in mortgage aid to help the unemployed avoid foreclosure Thursday, August 12, 2010 @ 12:58PMWASHINGTON - Tennessee will receive $81.1 million to help struggling homeowners avoid foreclosures as part of a $3 billion assistance program announced Wednesday by the Obama administration.
Treasury and HUD's $3 Billion Effort to Prevent the Jobless from Foreclosing Thursday, August 12, 2010 @ 11:56AMTheir hearts are in the right place, but the concept is flawed and the execution will be a mess. Foreclosure - Unemployment - New Jersey - United States Department of Housing and Urban Development - Mortgage
Hardest-hit states get more mortgage aid funds Thursday, August 12, 2010 @ 7:35AMThe U.S. Treasury Department said Wednesday that it is sending an additional $2 billion to what it calls the 17 "hardest hit" states to help unemployed homeowners pay their mortgages. California, which was previously awarded $700 million from the Hardest Hit... United States - Mortgage - United States Department of the Treasury - California - Business
HUD Offers $1 Billion in No-Interest Loans to Borrowers Facing Foreclosure Wednesday, August 11, 2010 @ 12:24PMThe U.S. Department of Housing and Urban Development will offer $1 billion in zero-interest, short- term loans to help unemployed homeowners avoid foreclosure.
Government Plans More Aid for Jobless Homeowners Wednesday, August 11, 2010 @ 12:05PMThe aid, about $3 billion, comes against the backdrop of a weakening economy, high unemployment and housing market destabilized by foreclosures.
HUD Just Announced A Homeowner Bailout Wednesday, August 11, 2010 @ 10:48AMWell, it's not exactly of the magnitude to be an August surprise but it is August, and it is a new homeowner bailout... WASHINGTON – The Obama Administration today announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs.
Obama Administration Announces Additional Support For Targeted Foreclosure-Prevention Programs To Help Homeowners ... Wednesday, August 11, 2010 @ 10:45AMWASHINGTON – The Obama Administration today announced additional support to help homeowners struggling with unemployment through two targeted foreclosure-prevention programs.
Chicago’s Far North Side Fix Your Mortgage Event Happens August 21; City of Chicago, Neighborhood Housing Services of ... Wednesday, August 11, 2010 @ 8:18AMCHICAGO--(BUSINESS WIRE)--Chicago’s Far North Side Fix Your Mortgage Event Happens August 21; City of Chicago, Neighborhood Housing Services of Chicago and Attorneys’ Title Guaranty Fund Co-Sponsor Outreach event.
Chicago's Far North Side Fix Your Mortgage Event Happens August 21; City of Chicago, Neighborhood Housing Services of ... Wednesday, August 11, 2010 @ 8:04AMCHICAGO----Neighborhood Housing Services of Chicago, Inc. , the City of Chicago and Attorneys’ Title Guaranty Fund, Inc. are co-sponsoring a fifth, free “Fix Your Mortgage” foreclosure-prevention event.
Feds: Black comedian denied right to buy house Wednesday, August 11, 2010 @ 4:01AMDavid Roeder: Federal officials Tuesday charged a Bridgeport couple and their real estate agent with housing discrimination, alleging that they refused to sell a home to black buyers. The complaint reads like something that reared its head out of Chicago history, circa 1970.
Foreclosure prevention workshop Sat. Tuesday, August 10, 2010 @ 11:43PMCOVINGTON — Homeowners facing foreclosure could find help at a free workshop this weekend hosted by a local nonprofit organization.
Communities race to commit HUD grants for neighborhoods Tuesday, August 10, 2010 @ 7:33AMWhen Wayne County earmarked the last of its federal Neighborhood Stabilization Program dollars, it marked a milestone for Wayne County Chief Development Officer Turkia Mullin.
Elgin may use stimulus funds to buy, rehab foreclosed home Tuesday, August 10, 2010 @ 12:00AMElgin leaders could spend about $281,000 in federal stimulus money to buy and rehabilitate a vacant, foreclosed home on the city's near west side.
'Family Unification Program' To Reunite 5,000 Children With Families Separated By Recession Friday, August 6, 2010 @ 11:52AMWhat's Your Reaction? Since the economic downturn in late 2008, the headlines about foreclosures and unemployment have become familiar and all too commonplace. What is less known is that the economy has fractured many families, separating parents and children.
5,000 Children Separated From Parents By Recession to Reunite Friday, August 6, 2010 @ 11:03AMHUD awards $20 million to bring hard luck families back together.
HUD to award $79 million in grants to reduce foreclosures and help families Thursday, August 5, 2010 @ 11:00PMU.S. Department of Housing and Urban Development Secretary Shaun Donovan announced Thursday that $79 million in federal grants will be made available to reduce foreclosures and assist families looking for housing. United States Department of Housing and Urban Development - United States - Foreclosure - Department of Housing and Urban Development - Government
HUD to award $79 million in grants to reduce foreclosures and help families Thursday, August 5, 2010 @ 11:00PMU.S. Department of Housing and Urban Development Secretary Shaun Donovan announced Thursday that $79 million in federal grants will be made available to reduce foreclosures and assist families looking for housing. United States Department of Housing and Urban Development - United States - Government - Executive Branch - Department of Housing and Urban Development
A contractor's default raises questions with St. Petersburg housing officials Wednesday, August 4, 2010 @ 9:01PMBy Michael Van Sickler, Times Staff Writer Wednesday, August 4, 2010 ST. PETERSBURG — City officials thought they were making a wise investment when they recommended giving federal stimulus money earmarked for Childs Park to Terrance Bradford. St. Petersburg officials were offering Bradford $114,000 to build a three-bedroom house on 16th Avenue S as part of an emergency program to provide ...
FHA deals housing market a blow Wednesday, August 4, 2010 @ 7:56PMAnn Arbor, MI, August 3, 2010 – “The Federal Housing Administration (FHA) is planning two major changes that will impact homebuyers and the housing market,” said Gibran Nicholas, Chairman of the CMPS Institute, an organization that trains and certifies mortgage bankers and brokers.
Homeowners decry 'American dream' Wednesday, August 4, 2010 @ 5:15AMOcoee resident Bruce Baldwin is well past the "extreme excitement" he felt when he became a first-time homeowner three years ago.
Mortgage Scams on the Rise Nationwide Tuesday, August 3, 2010 @ 9:24PMThe Philadelphia Unemployment Project is trying to help people avoid a growing problem: mortgage scams. As KYW’s Hadas Kuznits reports, housing counselor Tim Styer says foreclosures are on the rise nationwide: “We’re seeing a higher socio-economic class of people who are having problems.” (Kuznits:) And that’s because of unemployment? Styer: “The other factor that’s starting to [...]
Two gov't departments and Ad council unveil national PSA campaign Tuesday, August 3, 2010 @ 9:07PMNEW YORK, NY July 28, 2010 - The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program.
Fresno Bee: Cardoza gets more angry at White House over lack of action on foreclosure crisis Thursday, July 29, 2010 @ 12:28PMRep. Dennis Cardoza , D-Merced, isn't making many friends at the White House these days.The co
Federal dollars making a dent in Nevada forclosures Wednesday, July 28, 2010 @ 8:23PMThe clock is ticking for some cities and counties to spend their share of federal money to clean up foreclosures. If they don’t use it by September, they’ll lose it.
National PSA Campaign Unveiled to Raise Awareness of Making Home Affordable Program Wednesday, July 28, 2010 @ 3:38PMRISMEDIA, July 29, 2010—The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced the launch of a national public service advertising (PSA) campaign designed to encourage homeowners…
U.S. Department of the Treasury, U.S. Department of Housing and Urban Development and the Ad Council Unveil National ... Wednesday, July 28, 2010 @ 9:01AMThe Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development , announced today the launch of a national public service advertising campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program. Â While over one million homeowners have ...
U.S. Department of the Treasury, U.S. Department of Housing and Urban Development and the Ad Council Unveil National ... Wednesday, July 28, 2010 @ 7:30AMNEW YORK, NY – The Advertising Council, in partnership with the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development (HUD), announced today the launch of a national public service advertising (PSA) campaign designed to encourage homeowners who are struggling with their monthly mortgage payments to learn about the Making Home Affordable Program.
Rise of the renting class Wednesday, July 28, 2010 @ 3:42AMModern America has long paired the "American Dream" with home ownership. The idea of staying put, paying property taxes and periodically mowing the lawn belonged to citizens who were somehow more American than the poor saps who could only afford to rent the place they called home.
Federal agency said it will speed disaster assistance to Pike County Tuesday, July 27, 2010 @ 1:45PMLOUISVILLE, Ky. (AP) -- A federal agency says it will speed disaster assistance to Pike County in eastern Kentucky. U.S. Housing and Urban Development Secretary Shaun Donovan said Monday that the federal aid will help homeowners and low-income renters forced from their homes following recent severe storms, flooding and mudslides. HUD says it’s offering the state the ability to reallocate ...
HUD Speeding Disaster Aid To Pike County Tuesday, July 27, 2010 @ 8:16AMA federal agency says it will speed disaster assistance to Pike County in eastern Kentucky.