Items Tagged with 'single-family loans'
November 13, 2013
The sales are an attempt by HUD to stem losses from its Mutual Mortgage Insurance fund, while providing an alternative for distressed borrowers that are on the brink of foreclosure. Even though investors did not meet the reserve requirements, the agency will carry on with business as usual.Read More
No. Wait, yes it can.
September 30, 2013
First, the Department of Housing and Urban Development told the housing industry it would not be able to endorse single-family loans if the government shuts down. Then, the agency quietly corrected the statement over the weekend, saying, yes it can.Read More