Testimony of CHAPA President Vince O’Donnell on Federal Preservation Bill – July 15, 2009
Watch the webcast of the hearing here at 2:00 pm, July 15.
Read his written testimony here.
Watch the webcast of the hearing here at 2:00 pm, July 15.
Read his written testimony here.
Please click here to read the full text of DHCD’s new policy.
April 13, 2009 – Latest UMass/CHAPA Poll finds nearly half of Mass residents fear losing their job, 1 in 4 worried about making housing payments.
Please click here to read the full press release and here for the full report.
Click here for WBZ interview with Michael Goodman.
Click here for the FY2010 HUD Budget
WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan today announced an expansion of the Obama Administration’s Home Affordable Refinance Program to include participation by borrowers who are current but up to 125 percent underwater on their mortgage. Under authorization provided by the Federal Housing Finance Agency, borrowers whose mortgages are currently owned or guaranteed by Fannie Mae and Freddie Mac will now be allowed to refinance those loans according to the terms of the Home Affordable Refinance program established earlier this year.
Please click here to read the full press release.
In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE:FNM) today issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009.
Click here for the full news release.