The Biden Administration today announced a coordinated extension and expansion of forbearance and foreclosure relief programs. The programs, set to expire at the end of March, have now been extended through June 30.
Tag: HUD
Industry Briefs Feb. 16 2021
LodeStar Software Solutions announced an integration with Mortgage Coach, creator of the Total Cost Analysis Borrower Conversion Platform. This integration allows lenders of any size to include accurate closing provider fees when creating a Total Cost Analysis for borrowers.
December New Home Sales Post Modest Increase
New home sales rose by 1.6 percent in December—slightly less than consensus expectations, HUD and the Census Bureau reported yesterday.
HUD Nominee Pledges Accountability, Transparency
Rep. Marcia Fudge, D-Ohio, appeared before the Senate Banking Committee yesterday and pledged to work with lawmakers to combat homelessness and promote affordable housing opportunities.
MBA Sends Letter Supporting Marcia Fudge as HUD Secretary
Rep. Marcia Fudge, D-Ohio, appears before the Senate Banking Committee this morning for her confirmation hearing as HUD Secretary under the Biden Administration. Ahead of the hearing, the Mortgage Bankers Association sent a letter to the committee in support of her nomination.
HUD Announces New Leadership Appointees
Ahead of Thursday’s confirmation hearing for Rep. Marcia Fudge, D-Ohio, as HUD Secretary, HUD yesterday announced a slew of leadership appointments aimed at solidifying the Biden Administration’s footprint on the department.
Housing Starts Finish 2020 on Strong Note
Housing starts rose for the second straight month in December and finished the year at its strongest pace since 2006, HUD and the Census Bureau reported yesterday.
HUD Extends FHA Foreclosure/Eviction Moratorium through Mar. 31
HUD yesterday extended the moratorium on FHA single-family foreclosures and evictions through Mar. 31.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said this morning it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.
FHA to Permit DACA-Status Recipients to Apply for FHA-Insured Mortgages
HUD said yesterday it will permit individuals classified under the “Deferred Action for Childhood Arrivals” program (DACA) with the U.S. Citizenship & Immigration Service and are legally permitted to work in the U.S. to apply for mortgages backed by FHA.