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The credit underserved are finally invited to the lending table

National Mortgage Professional
Sep 11, 2005

HUD brings homeownership to the classroomMortgagePress.comHUD, The U.S. Department of Housing and Urban Development, computer-based modules The U.S. Department of Housing and Urban Development has introduced five, 20-minute computer-based modules designed to help potential homeowners understand the home buying process. HUD's homeownership modules not only explain the basics of buying a home, but also guide the user in understanding what is expected of a buyer and what they should expect from others in the home buying process. The modules, which allow a self-paced learning experience, include: The ABCs of Home Buying, Elevate Your Credit, Easy-to-Understand Mortgage Programs, Where to Find the Homeownership Money You Need, and 10 Homeownership Facts That Will Save You Thousands. The disks are interactive and take the user to HUD's Web sites that include all five modules, which are available in both English and Spanish. The teaching modules have been launched on both www.hud.gov and espanol.hud.gov. Based in Washington, D.C., the U.S. Department of Housing and Urban Development is the nation's housing agency devoted to homeownership. For more information, visit www.hud.gov.
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