HUD

WASHINGTON, D.C. - May 22, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced that HUD will speed federal disaster assistance to the State of Oklahoma in addition to resources being provided by Federal...

WASHINGTON, D.C. - May 21, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that LLB&B, Inc., a real estate company based in Mobile, AL, will pay $29,000 as part of a Conciliation Agreement reso...

WASHINGTON, D.C. - May 21, 2013 - (RealEstateRama) -- The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over 620,000 homeowners, or roughly $81,000 per homeowner as part of the National Mortgage Settlement, according to a progress update released today by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. Over one year ago, the Department of Justice, Department of Housing Urban Development (HUD) and 49 state attorneys general

WASHINGTON, DC - May 17, 2013 - (RealEstateRama) -- This week, the U.S. Department of Housing and Urban Development’s Office of Field Policy and Management (FPM) was presented with the Graduate School USA’s annual W. Edwards Deming Award for a staff training and orientation program to reinforce the use of next generation cloud computing. The W. Edwards Deming Award recognizes impressive workforce development and training initiatives that measurably improve an organization’s performance and impacts its mission.

WASHINGTON, DC - May 16, 2013 - (RealEstateRama) -- 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 April 2013

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging City Rescue Mission of New Castle (CRM) and one of its employees with refusing to accept a blind man and ...

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- Three affordable housing developments are the recipients of the 2013 HUD Secretary’s Housing and Community Design Award, each recognized for excellence in residential housing design. The U.S. Department of Housing and Urban Development (HUD) and the American Institute of Architects (AIA) selected Via Verde-The Green Way in New York City; Community Learning in Leominster, Massachusetts; and New Accessible Passive Solar Housing, Stoneham, Massachusetts as national affordable housing models

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The Justice Department and the U.S. Department of Housing and Urban Development (HUD)announced today that St. Bernard Parish, La., has agreed to a settlement valued at more than $2.5 million to resolv...

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced HUD’s approval of New York City’s disaster recovery plan to help homeowners and businesses following Hurricane Sand...

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that a Nashville, TN, apartment complex will pay more than $170,000 as part of asettlement resolving allegations that it disc...

WASHINGTON, DC - May 13, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the April edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show important progress across many key indicators—as home values continue to rise and home sales remained strong in April—although officials caution that the overall recovery remains fragile.The full Housing Scorecard is available online at

WASHINGTON, DC - May 9, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached two Conciliation Agreements with SunTrust Mortgage, Inc., settling allegations that the Richmond, VA-based lender denied mortgage loans to a couple in Port St. Lucie, FL, and another couple in Ashland, VA, because the women were on maternity leave.

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a Voluntary Compliance Agreement with the Jackson County Housing Authority (JCHA) in Murphysboro, Illinois, to increase access for persons with disabilities and families with children under age 18. HUD reviewed JCHA’s housing programs and services and determined that the housing authority had not ensured that at least five percent of its units were accessible to persons with disabilities, as required by Section 504 of the Rehabilitation Act of 1973. The review further indicated that JCHA had not allowed children under the age of 18 to reside in housing designated for elderly families, in violation of the Fair Housing Act.

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a settlement with Barberton, Ohio, a suburb of Akron, resolving allegations that the city denied a permi...

WASHINGTON, D.C. - May 7, 2013 - (RealEstateRama) -- For the second time this year, the U.S. Department of Housing and Urban Development (HUD) will sell thousands of severely delinquent mortgage loans insured by the Federal Housing Administration (FHA) as part of a broader effort to address the housing market’s shadow inventory and to target relief to areas experiencing high foreclosure activity. This summer, HUD will sell approximately 20,000 distressed loans through its expanded Distressed Asset Stabilization Program (DASP) to increase recoveries to FHA’s Mutual Mortgage Insurance (MMI) Fund from non-performing FHA-insured loans, while contributing to stabilization and recovery in some of the

WASHINGTON, DC - May 3, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced a second round of grants for more than 500 local homeless housing and service programs across the U.S, provided through HUD’s Continuum of Care Program. This year, HUD challenged local communities to reexamine their response to homelessness and give greater weight to proven strategies, from providing ‘rapid re-housing’ for homeless families to permanent supportive housing for those experiencing chronic homelessness (see attached chart)

WASHINGTON, DC - May 1, 2013 - (RealEstateRama) -- New guidance released today by the U.S. Department of Housing and Urban Development (HUD) and the Department of Justice (DOJ) reinforces the Fair Housing Act requirement that multifamily housing be designed and constructed so that it isaccessible to persons with disabilities. Read HUD and DOJ’s new guidance.

WASHINGTON, D.C. - April 30, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced HUD’s approval of New Jersey’s disaster recovery plan to help homeowners and businesses following Hurricane San...

PHILADELPHIA - April 29, 2013 - (RealEstateRama) -- After two years under federal receivership, U.S. Housing and Urban Development (HUD) Assistant Secretary Sandra Henriquez today officially returned the Philadelphia Housing Authority (PHA) to the City of Philadelphia and welcomed the newly appointed 9-member Board of Commissioners

WASHINGTON, DC - April 29, 2013 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan today announced federal approval of New York State's recovery action plan to help homeowners and businesses following Superstorm Sand...