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U.S. Department of Housing & Urban Development (HUD)

LoanLogics Upgrades Its LoanHD Tool

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LoanLogics has announced that it has enhanced its LoanHD platform with the a fully automated signature clipping tool, SignaFacts, that provides visual validation of execution and easy comparison of signatures. The types of documents evaluated by this tool include, but are not limited to, the Good Faith Estimate (GFE), Truth-in-Lending disclosure, mortgage note, deed of trust and U.S. Department of Housing & Urban Development (HUD) endorsement.Click to continue

HUD Releases Two-Year Update on Hurricane Sandy Recovery

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The U.S. Department of Housing & Urban Development’s (HUD) Sandy Program Management Office (PMO) has issued a report tracking progress on the Sandy Rebuilding Strategy. The Rebuilding Strategy, released by the Hurricane Sandy Rebuilding Task Force in August 2013, includes a long-term plan that guides Sandy Supplemental spending, drives regional coordination, and makes communities more resilient to future disasters.Click to continue

New-Home Sales Rise Slightly in September Over August

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Sales of newly built, single-family homes inched up 0.2 percent in September to a seasonally adjusted annual rate of 467,000 units, the highest level in six years, according to newly released data by the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau. Sales numbers for August were revised down from 504,000 to 466,000.Click to continue

U.S. Housing Production Rises 6.3 Percent in September

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For the third time this year, nationwide housing starts surpassed the million-mark, according to newly released figures from the U.S. Department of Housing & Urban Development (HUD) and the U.S. Census Bureau. Total housing production in September rose 6.3 percent to a seasonally adjusted annual rate of 1.017 million units.Click to continue

Castro Cites Agency Collaboration as Link to Solving Housing Issues

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U.S. Department of Housing & Urban Development (HUD) Secretary Julián Castro joined key leaders and experts at a national conference focused on utilizing innovative housing solutions as a platform to improve the quality of life for individuals, families and communities. The day-long event was hosted by the National Building Museum, in partnership with the John D. and Catherine T. MacArthur Foundation, the Office of Policy Development and Research, the U.S. Department of Housing and Urban Development, and the National Housing Conference.Click to continue

HUD Housing Survey Finds Neighborly Help Alive and Well

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Roughly half of all American households report getting along with their next door neighbors and are willing to lend a helping hand if needed. That’s among the findings of the 2013 American Housing Survey being released by the U.S.Click to continue

HAMP Hacker Sentenced for Fannie Mae Data Breach

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Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has announced that Sathish Kumar Chandhun Rajendran of Sterling, Va., has been sentenced for engaging in unauthorized access to government servers that hosted a Fannie Mae Web site used to support federal mortgage loan modification programs, including the Home Affordable Modification Program (HAMP). U.S. District Judge T.S. Ellis III presided over the hearing, which took place in federal court in Alexandria, Va.Click to continue