Arizona senators announce $233M in new funding for state tribal housing

New housing grants totaling more than $233.7 million will be distributed to 20 tribal communities in…

HUD doles out $26M to promote fair housing and combat discrimination

The U.S. Department of Housing and Urban Development (HUD) on Friday announced the availability of $26…

HUD announces relief for Texas disaster victims

The U.S. Department of Housing and Urban Development (HUD) announced this week that it is extending…

HECM study examines borrower trends over two decades

A study commissioned by the U.S. Department of Housing and Urban Development (HUD) Office of Policy…

New-home sales stumble as existing inventory increases 

New-home sales cooled in April as the supply of existing homes increased and demand was hampered…

HUD to double servicer fee on assumable mortgages

The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to…

Former HUD Secretary Marcia Fudge becomes a partner at law firm Taft

About two months after resigning as the 18th secretary of the U.S. Department of Housing and…

The month in reverse mortgage rates: May 2024

In March, we explored the difference between Home Equity Conversion Mortgage (HECM) “expected rates” and “note…

Reverse mortgage professionals react to H4P rule changes

After the release of proposed new rules for the Home Equity Conversion Mortgage (HECM) for Purchase…

Michigan attorney general reissues reverse mortgage consumer alert

The attorney general of Michigan has re-released a consumer alert about the reverse mortgage product category…