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Hurricane Watch 2009
Presented as a Public Service by:
 National Community Reinvestment Coalition
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Housing
Modest Inflation Expectations Allow Mortgage Rates to Once Again Set New Record Lows
  September 3, 2010 By: Freddie Mac McLean, VA – Freddie Mac (OTC: FMCC) has released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991,...
Affordable housing numbers will improve, conference told
September 2, 2010
By: ABC News
A national conference on homelessness has heard there should be significant progress on the issue in the next two years as homes built with stimulus money are finished.
HUD SECRETARY ANNOUNCES NATIONAL FIRST LOOK PROGRAM TO HELP COMMUNITIES STABILIZE NEIGHBORHOODS HARD-HIT BY FORECLOSURE
 September 2, 2010 By: HUD WASHINGTON - U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has announced an unprecedented agreement with the nation's top mortgage lenders to offer selected state and local governments, and nonprofit organizations a "first look" or right of first refusal to purchase foreclosed hom...
Agriculture Secretary Vilsack Announces Recovery Act Support for Public Safety, Community Centers, Public Schools and Health Care Facilities
 September 2, 2010 By: USDA WASHINGTON - Agriculture Secretary Tom Vilsack has announced investments in 28 states that will create jobs and improve needed infrastructure in rural communities across the nation. The projects are funded through the American Recovery and Reinvestment Act (Recovery Act).
Mortgage applications rise 2.7 pct on low rates
 September 2, 2010 By: AP NEW YORK — Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments. The Mortgage Bankers Association said Wednesday the increase was led by a 2.8 percent rise in refinance applications. The number of loans...
Foreclosures' heavy toll on health
September 2, 2010
By: Oakland Tribune
Maria Ramirez is one of the fortunate ones. She's lived for more than 10 years with her family in ZIP code 94621 in Oakland, one the East Bay neighborhoods hardest hit by home foreclosures. But she fought back when Wachovia Bank began foreclosing on her house in 2009, and won an affordable loan modi...
Foreclosures Pose Potential Trouble on Election Day
September 2, 2010
By: NY Times
Home foreclosures, the epidemic spawned by the crash of the real estate market, are once again a potential election-year bugaboo.
Affordable Housing Scarce in Post_Katrina New Orleans
September 1, 2010
By: GlobeSt. com
NEW ORLEANS-Five years after Hurricane Katrina devastated this vibrant city, affordable housing options are limited, particularly for low-income women who previously lived in public housing.
17,000 people attend loan-modification marathon in West Palm Beach
September 1, 2010
By: Palm Beach Post - FL
WEST PALM BEACH — The Neighborhood Assistance Corp. of America is finishing up its five-day mortgage modification event tonight with about 31 percent of homeowners walking out with a new lower monthly loan payment
Reverse Mortgage Counseling Toolkit
September 1, 2010
By: Loansafe.org
WASHINGTON (LoanSafe.org) – The U.S. Department of Housing and Urban Development (HUD) recently released the new HECM Counseling Protocol as Appendix 4 of the Housing Counseling Handbook, 7610.1 REV-5. A number of these changes involve new materials and tools which have been developed by the Nation... |
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