A Former Assistant Inspector General For HUD was convicted of Forging Data

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In: New Home Mortgage News

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A former assistant secretary of state for Housing and Urban Development (HUD) has accused a federal grand jury of covering up efforts to transfer tens of millions of dollars to government friends and government contractors. According to court documents, EgbalContinue Reading

Grants Worth $10.4 Millions Made Available by HUD For Rehabilitation Of Veterans Homes

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In: New Home Mortgage News

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US Department of Housing and Urban Development (HUD) Secretary Marcia Fudge and US Department of Veterans Affairs (VA) Secretary Denis McDonough announced $10.4 million to rehabilitate low-income people through the Veterans Housing Rehabilitation and Modification Pilot Program (VHRMP) and homesContinue Reading

Guidance Provided HUD On Making FHA Loans To Borrowers With Forbearances

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:06 amOn 10th September 2020, a guidance was provided by the U.S. Department of Housing and Urban Development (HUD), in the form of a Mortgagee Letter 2020-30, on the underwriting of applicants for FHA insuredContinue Reading

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In: Mortgage News

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Last updated on February 2nd, 2021 at 06:21 pmAccording to the administration officials of the Department of Housing and Urban Development, homes backed by the Federal Housing Administration will get an extended ban on evictions and foreclosures till the end ofContinue Reading