News

WASHINGTON, DC - November 3, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the October edition of the Obama Administration's Housing Scorecard – a comprehensive report on the nation’s housing market. The latest housing data offer continued mixed signals as new home sales rose compared to August, but were still slightly down from the prior year. Mortgage defaults and foreclosure sales continued a downward trend as more homeowners were able to secure mortgage relief. However, foreclosure completions ticked slightly upward in September after months of decline.

WASHINGTON, DC - November 1, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development’s Mortgagee Review Board (MRB) today immediately suspended Allied Home Mortgage Corporation, thereby preventing the company from originating and underwriting new mortgages insured by the Federal Housing Administration (FHA). HUD is also suspending the company’s president and chief executive officer, James C. Hodge, and proposing to debar him as well as the company’s executive vice president, Jeanne L. Stell.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- Very-low income women who have the opportunity to move from high-poverty neighborhoods into lower poverty areas are significantly less likely to be extremely obese or to have diabetes. Those are among the key findings of a study by the U.S. Department of Housing and Urban Development. An article published today in the New England Journal of Medicine (NEJM) highlights the positive health findings, which the U.S. Department of Housing and Urban Development previewed today.

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the State of New Jersey and provide support to homeowners and low-income re...

WASHINGTON, DC - October 20, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $26.6 million in “sweat equity” grants to produce at least 1,477 affordable homes for low-income individuals and families. Funded through HUD’s Self-Help Homeownership Opportunity Program (SHOP), the funding awarded today, along with the labor contributed by these households, will significantly lower the cost of homeownership.

WASHINGTON, DC - October 19, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is charging a Philadelphia condominium association with violating the Fair Housing Act for refusing to revise its “no...

WASHINGTON, DC - October 13, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced it is immediately suspending Michael Primeau, former President of Lend America, from doing any business with HUD following his admission that he engaged in a wide-scale mortgage fraud scheme. Specifically, Primeau pled guilty to charges he directed employees of Lend America, a former FHA-approved lender, to divert mortgage funds intended to pay off borrowers’ first mortgages at refinance closings in order to pay company operating expenses.

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced it is charging a Park City, Utah homeowner association, property management company, and a group of condominium owners with violating the Fair Housing Act for refusing to accommodate a tenant who required an emotional support dog because of a disability. HUD brings the charges on behalf of the tenant, a Gulf War veteran with a disability

WASHINGTON, DC - October 11, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development announced today that it is charging the University of Nebraska at Kearney and five of its employees with violating the Fair Housing Act when they refused to grant a student permission to have a therapy dog live in her University-owned apartment and illegally inquired into the nature and severity of the student’s disabilities. The student, who required the dog in order to cope with depression and anxiety, was seeking an exception to the University’s no-pet policy as a disability-related “reasonable accommodation” under the Fair Housing Act.

WASHINGTON, D.C. - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, U.S. Senator Sherrod Brown and Columbus Mayor Michael Coleman toured the Commons at Third project, adjacent to Grandview to demonstrate how the President Obama's proposed American Jobs Act and Project Rebuild can help stabilize home prices, revitalize neighborhoods, create jobs, and support local economies throughout the City of Columbus.

WASHINGTON, DC - October 10, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Metro Net Realty, LLC, a Queens, NY, real estate agency, and a salesperson for the agency with violating the Fair Housing Act by placing advertisements on Craigslist that discriminated against families with children. HUD brings the charge on behalf of the National Fair Housing Alliance (NFHA), alleging that the advertisements that stated “Looking For: Mature couple or single with no children” were evidence of an effort to exclude children from housing.

WASHINGTON, DC - October 4, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan to St. Francis Hospital in Columbus, Georgia. The $210 million loan is made possibl...

WASHINGTON, DC - September 30, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development today awarded $600,000 to increase hiring of low-income individuals and public housing residents. HUD is awarding twelve housing authorities, cities, and states $50,000 each to hire full-time Section 3 Program Coordinators for one year. These grants will maximize a HUD program that ensures HUD dollars are used to hire low-income individuals and to contract with businesses that hire them.

WASHINGTON, DC - September 29, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging the owner and landlord of an apartment building in Reno, Nevada, with violating the Fair Housing Act for evicting two tenants after a friend with a disability visited the tenants with his emotional support dog.

WASHINGTON, DC - September 28, 2011 - (RealEstateRama) -- Today, the U.S. Department of Housing and Urban Development (HUD) awarded $649,000 to seven local community organizations. These awards support local organizations serving diverse communities across the country that will help ensure persons who are limited English proficient (LEP) have access to information in their native languages on HUD housing, programs, services, and activities.

WASHINGTON, DC - September 28, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it is charging Craig Robbins, a Springfield, Massachusetts landlord, with violating the Fair Housing Act for alleg...

WASHINGTON, DC - September 26, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) today announced that it has charged the owner and manager of a Lakewood, Washington trailer park with discriminating on the basis of di...

WASHINGTON, D.C. - September 26, 2011 - (RealEstateRama) -- DC The U.S. Department of Housing and Urban Development (HUD) has forged an exciting and unique partnership focused on the use of competitions and networks to discover and disseminate the most imaginative solutions for creating sustainable and livable communities.

WASHINGTON, DC - September 23, 2011 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged a La Crosse, Wisconsin landlord with violating the Fair Housing Act for refusing to rent an apar...

WASHINGTON, DC - September 23, 2011 - (RealEstateRama) -- The summer edition of Evidence Matters, HUD's quarterly publication that informs the public on issues related to housing and community development, is available today. This issue focuses on strengthening the evidence behind sustainability, a concept that while embraced by many businesses, government and families, still faces some skeptics.