HUD, administration announce Promise Zone competition This report assessed OFPM’s plans for overseeing the Promise Zones as well as the 11 HUD grant programs participating in the Promise Zone initiative. Zelos identified areas in which OFPM could take steps to develop an evaluation plan and work more closely with program offices participating in the initiative.
Despite the still fragile housing market, Fannie Mae expects housing starts to triple by 2013. According to the agency’s economic outlook, housing starts are predicted to increase 17.3% and hit 710,000 this year, with another 47% increase to 1.1 million in 2012 and another gain of 42% in 2013 to nearly 1.5 million.
· 4 Essential Things You Need To Know About The 2013 Spring Home Buying Season. Springtime is for selling houses. The months of April, May, June and July typically account for more than 40% of all housing transactions annually, in large part thanks to weather. But unlike the painful post-bubble home buying seasons of the past several years,
A Better Bargain for the Middle Class: Housing. A Better Bargain for Responsible, Middle Class Homeowners:. further work should determine how Fannie Mae and Freddie Mac can better support smaller multifamily loans of $1-5 million, especially because these properties often provide affordable rental housing.. Housing starts had plummeted.
Fannie Mae: Housing Starts to Triple by 2013. According to the agency’s economic outlook, housing starts are predicted to increase 17.3 percent and hit 710,000 this year, with another 47 percent increase to 1.1 million in 2012 and another gain of 42 percent in 2013 to nearly 1.5 million.
By that metric the 2016 data showing we had one million fewer housing starts than before the great recession translates. there are other means to boost home construction. Fannie Mae and Freddie Mac.
Federal Housing Finance Agency. This report contains data on foreclosure preventi on activity of Fannie Mae and Freddie Mac (the Enterprises) through December 2014.. Nearly 1.1 million troubled homeowners have been offered a
Hedge fund investor demands HLSS terminate Ocwen relationship The companies are fighting back against the claims of hedge fund BlueMountain Capital Management, which recently sent notices of default to Ocwen and HLSS, saying that Ocwen’s regulatory troubles have caused an "irrefutable" default on notes the hedge fund holds in connection with the HLSS Servicer Advance Receivables Trust.New York foreclosure courts face seven-year backlog: RealtyTrac IndyMac: Mini Bank Run, Thanks to Schumer Thank you for your support!. indymac bank claims Chuck Schumer caused a mini run on the banks. published: july 1, 2008. with our regulators involvement, on the important issue of continuing to keep indymac bank safe and sound through this unprecedented crisis period."Shadow Inventory To Peak in Summer of 2010: Barclays Home Prices Just Dropped In Most States And 8 Million. – Here comes a decade of stagnation. An icon in the shape of a person’s head and shoulders. It often indicates a user profile.New Foreclosure Filings Fall to Seven-Year Low.. have seen a growing backlog of foreclosures as courts are overwhelmed by the sheer number of cases.. — Written by Shanthi Bharatwaj in New York.
Consists of HomeSaver Advance (Fannie Mae) and Charge-offs-in-lieu. 2. include loans that were 30+ days delinquent at initiation of the plan. In addition, the completed forbearance plans data have be en revised to exclude HAMP. Federal Housing Finance Agency Foreclosure Pr evention Report Third Quarter 2013
Fannie Mae Economists see 2013 as a ‘Transition to Normal’. Fannie Mae expects housing starts to rise by approximately 23 percent in 2013 to 950,000 units, about the same increase as in 2012.
Fannie Mae is a government-sponsored enterprise (“GSE”) that was chartered by Congress in 1938. Our public mission is to support liquidity and stability in the secondary mortgage market, where existing mortgage-related assets are purchased and sold, and increase the supply of affordable housing.
A day in the life of HUD Secretary Julin Castro secretary julian castro talked about his life and career, including his experiences growing up with a twin, his entry into politics, his experiences with the Clinton family, and his time leading.