Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition
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Items Tagged with 'Department of Housing and Urban Development'

ARTICLES

Housing starts increase 2.8% after cold winter

Single-family numbers rise again
April 16, 2014
Housing starts were at a seasonally adjusted rate of 946,000, a 2.8% increase from the revised February estimate of 920,000, but a 5.9% drop from the March 2013 rate of 1,005,000, with strength in the single-family component picking back up.
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New home sales hit 5-month low

Sales drop 3.3%
March 25, 2014
New home sales of single-family houses in February dropped 3.3% to 440,000, hitting a five-month low.
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Congress takes a bite out of housing agency budgets

Gives HUD $687 million less
January 14, 2014
When Congress released its proposed trillion dollar spending legislation for fiscal 2014, it became clear HUD's budget is on the chopping block.
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Follow the housing leaders on Twitter

14 profiles to follow on Twitter in 2014
December 31, 2013
While everyone in the market has an opinion about the housing industry, only a select few have the knowledge to tell you what you need to know in 140 characters or less. HousingWire sifted through the data and chose the best Twitter profiles to follow in 2014.
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HUD provides $14.8 million for senior housing

December 17, 2013
The U.S. Department of Housing and Urban Development provided $14.8 million to preserve affordable rental assistance for elderly tenants, helping support affordable rent for seniors living in more than 1,700 units located in 12 properties across six states.
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Mortgage bankers not amused with HUD's lower high-cost loan limit

Ask for more time to appeal the changes
December 12, 2013
Mortgage bankers push back against the new FHA loan limits in high-cost areas by advising HUD to tweak, or at least delay, the changes.
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HUD publishes its final definition of a qualified mortgage

Rule limits upfront points and fees, with a few exceptions
December 11, 2013
The U.S. Department of Housing and Urban Development launched its official internal definition of a qualified mortgage – or a loan that can be insured, guaranteed or administered by the department.
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Treasury Secretary, HUD react to Watt's confirmation

December 11, 2013
Treasury Secretary Jack Lew and HUD Director Shaun Donovan released statements after Rep. Mel Watt was confirmed as the next FHFA director, citing his experience in housing policy and focus on the middle class as positives for the economy and industry.
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HUD: New FHA loan limit takes effect Jan. 1

Ceiling for loans in high-cost areas falls to $625,500
December 6, 2013
"As the housing market continues its recovery, it is important for FHA to evaluate the role we need to play," said FHA Commissioner Carol Galante. "Implementing lower loan limits is an important and appropriate step as private capital returns to portions of the market and enables FHA to concentrate on those borrowers that are still underserved."
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Banks fail seven servicing compliance tests, but pass most benchmarks

HUD Secretary: Penalties could be assessed if issues are not cleared
December 4, 2013
The test results are in. Some of the nation's largest servicers are still failing on seven key servicing metrics when evaluated by the National Mortgage Servicing Settlement Monitor. If they fail to get into compliance, HUD is revving up to enact some type of penalty.
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