Both the National Association of Realtors (NAR) and the Department of Commerce (Census Bureau) /U.S. Department of Housing and Urban Development released figures on Tuesday confirming that U.S. housing sales are continuing on a record trajectory. NAR announced that existing-home sales hit an all time...
The U.S. Department of Housing and Urban Development (HUD) has come up with both a carrot and a stick to reduce losses arising from FHA insured loans gone bad. On April 26 HUD released information on a punitive approach to lenders that issue FHA loans and then fail to engage in loss mitigation efforts...
The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released February figures for the new home sales . February new home sales were at a seasonally adjusted annual rate of 1,226,000 units, up 9.4 percent from the revised January figure of 1,121,000. This is also substantially...