Even with the economy as down as it is, there is still always a bit of good news to hold on to. If you are 62 years and older, you might want to hear of the upcoming changes that the Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) have cooked up for the reverse mortgage Read full article »
Tag archives for HUD
HUD Gives $1B To Curb Foreclosures
Even during the start of his administration, President Barack Obama already pledged a “war” against property and home ownership loss due to foreclosures. And the Department of Housing and Urban Development (HUD) is continuously supporting this fight against foreclosures, with a new round of contributions given on the week of September 5. HUD has given a third round of major contributions Read full article »
HUD Grants $312M To 13 States For Disaster Mitigation
Prevention is indeed better than cure. This is why the U.S. Housing and Urban Development rewarded millions of dollars to states that invested the disaster recovery funds to disaster mitigation. Late last week, HUD Secretary Shaun Donovan awarded 13 states with almost $312 million to be invested in activities and efforts aimed at reducing human, physical, and economic losses in natural Read full article »
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