The U.S. Department of Housing and Urban Development (HUD) has come up with both a carrot and a stick to reduce losses arising from FHA insured loans gone bad. On April 26 HUD released information on ...

Gov. Glenn Youngkin assesses storm damage caused by Hurricane Helene in Damascus, Virginia on September 28, 2024. Photo: Christian Martinez/Office of Governor Glenn Youngkin. The U.S. Department of ...

PORTSMOUTH, Va. (WAVY) — Many people living in Western North Carolina who have an FHA-insured Single Family Title II or Home Equity Conversion Mortgage do not have to worry about foreclosure until ...

The Department of Housing and Urban Development has been facing increased pressure to encourage servicers of government loans to use loss mitigation before foreclosing on seriously delinquent home ...

After a reverse mortgage borrower in Colorado was nearly foreclosed on twice for running afoul of the Home Equity Conversion Mortgage (HECM) program’s occupancy requirement, the impacted constituent’s ...

Imagine you’re a senior who has just lost your spouse. Soon after their funeral, while still grieving, you receive a letter in the mail, informing you that because your spouse passed away, you’re also ...

Kerr County homeowners among hardest hit in disaster that’s claimed more than 100 lives In response to devastating floods that have ravaged Texas Hill Country since early July, the U.S. Department of ...