Recently, I’ve been helping a friend through the home buying process. Although I purchased a home a few years back, I’d forgotten how rigorous the process can be: How much earnest money do I need to put up? Will the seller help with closing costs? Do I need homeowners insurance? And, oh yeah, and what [...]
cont
Written by Andrea Risotto and George Gonzalez “What are we going to do if we lose the house?” “I can’t let anyone find out.” “I can’t tell the kids. This is going to wreck their lives.” “I am all alone.” Many of these powerful thoughts have crossed the minds of homeowners who have fallen behind [...]
cont
Editors Note: Excerpts cross-posted from Whitehouse.gov and DHS.gov. The Obama Administration has continued to bring all available resources to bear to support our state and local partners as they continue to respond and recover from the storm. On Thursday, November 15th, the President traveled to New York, where he announced that HUD Secretary Shaun Donovan [...]
cont
HUD Secretary Shaun Donovan Promotes Administration Refinance Plan in Portland Stop, The Oregonian. The Sun-Sentinal publishes Florida Among the National Leaders in Home Re-Fi Applications. The Washington Post runs Defining A ‘Qualified’ Mortgage. “Mass. Gets $5.3m for homeless prevention,” Associated Press. “Homeless veterans summit aims to help vets get lives on track.” And, “Affordable rental [...]
cont
ABC 30 Fresno reports on Secretary Donovan’s visit to Fresno: Offering Hope to Struggling Homeowners. “Home resales rise, housing recovery inches along,” Reuters. Forbes runs 4 Signs the Housing Market is Improving. Homeowners More Optimistic on Housing Market, Prices headlines Fox Business. CBS Chicago publishes Survive This Economy: Refinancing Your Home Loan. And, The Huffington [...]
cont
Connect with HUD