Subscribe to the print edition of National Mortgage Professional MagazineSubscribe to our RSS feedFollow us on TwitterGet daily updates via emailJoin us on Facebook

U.S. Department of the Treasury

Obama Administration's Housing Scorecard Shows Bright Spots in February

House in Hands Pic

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury released the February edition of the Obama Administration's Housing Scorecard. The latest data show progress among key indicators. This Scorecard notes that purchases of new homes rose, foreclosure completions continued their downward trend, and house prices were stable. While there are positive trends in the housing market, officials caution that the economy is still healing from the Great Recession.Click to continue

U.S. Homeowner Equity Up $3.4 Trillion Since the Beginning of 2012

For Sale/Credit: Stockbyte

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury released the January edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. The latest data show progress among key indicators. In 2013, home sales had their strongest performance in several years, foreclosure starts were at their lowest annual level since 2005 and homeowners’ equity is up $3.4 trillion since the beginning of 2012.Click to continue

HARP Refis Surpass the Three Million Mark

Refis/Copyright: Getty Images/Credit: Jupiterimages

The Federal Housing Finance Agency (FHFA) has announced that the Home Affordable Refinance Program (HARP) has reached a significant milestone as more than three million homeowners have now refinanced their mortgages through the program. This noteworthy achievement is detailed in FHFA’s November Refinance Report.Click to continue

Obama's Housing Scorecard: Overall Housing Recovery Remains Fragile

Fragile_Sticker_Copyright_Mike_Flippo

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the November edition of the Obama Administration's Housing Scorecard showing progress among many key indicators. The purchase of new homes and home prices remain strong and foreclosures are down. Although there is much good news, officials caution that the overall recovery remains fragile.Click to continue

Obama's Housing Scorecard: Home Prices Continue to Show Strong Annual Gain

For Sale/Credit: Stockbyte

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury released the August edition of the Obama Administration's Housing Scorecard showing important progress across many key indicators—as home prices, purchases of new homes, and sales of existing homes continue to show strong annual gains—although officials caution that the overall recovery remains fragile.Click to continue

HAMP Recipients Seeing Average Savings of $547 per Month

Home Atop Cash/Credit: Creatas

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have jointly released the July edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. The latest data show important progress across many key indicators—as home prices, purchases of new homes, and sales of existing homes continue to show strong annual gains—although officials caution that the overall recovery remains fragile.Click to continue

1.2 Million Permanent Loan Mods Granted Through HAMP

Foreclose_Gavel_Pic

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the June edition of the Obama Administration's Housing Scorecard. Data continue to show signs that the housing market is strengthening, with home prices continuing to rise and new and existing home sales remaining strong, although officials caution that there is regional variation and the overall economic recovery remains fragile.Click to continue

Homeowner Equity Grows by More Than $815 Billion in Q1

House Atop Money/Credit: Creatas

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the May edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. Data continue to show important progress across many key indicators—as the annual home price increase is the highest since the housing bubble burst in mid-2006 and purchases of new and existing homes remain strong—although officials caution that a full housing recovery will take more time.Click to continue

HAMP Program Extended Through the End of 2015

House Atop Money/Credit: Creatas

The U.S. Department of the Treasury and the U.S. Department of Housing & Urban Development (HUD) have announced an extension of the Obama Administration’s Making Home Affordable program through Dec. 31, 2015. The new deadline was determined in coordination with the Federal Housing Finance Agency (FHFA) to align with extended deadlines for the Home Affordable Refinance Program (HARP) and the Streamlined Modification Initiative for homeowners with loans owned or guaranteed by Fannie Mae and Freddie Mac.Click to continue

1.1 Million Homeowners Received Permanent Modification Through HAMP to Date

Foreclosed_Home_Red_Pic

The U.S. Department of Housing & Urban Development (HUD) and the U.S. Department of the Treasury have released the April edition of the Obama Administration's Housing Scorecard—a comprehensive report on the nation’s housing market. The latest data show important progress across many key indicators—as home values continue to rise and home sales remained strong in April—although officials caution that the overall recovery remains fragile.Click to continue