DHCD Releases Affirmative Fair Housing Policy – May 28, 2009
Please click here to read the full text of DHCD’s new policy.
UMass Donahue Institute/CHAPA 2009 Housing Poll – April 13, 2009
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.
President Obama’s FY2010 Budget for HUD – February 26, 2009
Click here for the FY2010 HUD Budget
Secretary Donovan Announces Expanded Eligibility for Making Home Affordable Program – July 1, 2009
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.
Fannie Mae to Suspend Foreclosures Until January 2009 – November 21, 2008
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.
Obama Administration Launches New Consumer Website For Responsible Homeowners Seeking Relief – March 19, 2009
Washington, DC – The U.S. Department of the Treasury and the Department of Housing and Urban Development (HUD) today launched a new website for consumers seeking information about the Obama Administration’s Making Home Affordable loan modification and refinancing program. MakingHomeAffordable.gov offers features including interactive self-assessment tools that will empower borrowers to determine if they’re eligible to participate and calculate the monthly mortgage payment reductions they could stand to realize under the Making Home Affordable program.
Please click here to view the full Press Release.