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Residential

FHA Report: 'Clearly Strong' Despite Shaky HECM Data
  The Federal Housing Administration (FHA) gave itself a mostly positive health report in its 2018 Annual Report to Congress, claiming that its’ financial viability was “clearly strong” and that the capital reserve ratio for its Mutual Mortgage Insurance Fund (MMI Fund) was “above the statutory... Keep Reading....
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In response to the ongoing California wildfires, the U.S. Department of Housing & Urban Development (HUD) stated it would speed up its federal disaster assistance
 In response to the ongoing California wildfires, the U.S. Department of Housing & Urban Development (HUD) stated it would speed up its federal disaster assistance to the state and provide support to homeowners and low-income renters forced from their homes in the areas impacted by this disaster... more
Homeowners in North Carolina and Texas have learned the same bitter lesson that most natural disaster victims must face sooner or later
 Homeowners in North Carolina and Texas have learned the same bitter lesson that most natural disaster victims must face sooner or later. Months and years after the initial shock, their stories are long gone from media attention and public awareness. Now, too often, they must fend for themselves,... more
If climate change continues at its current pace, approximately 386,000 U.S. homes in coastal metro areas are likely to be at risk of regular flooding by 2050, according to a report issued by Zillow and Climate Central
 If climate change continues at its current pace, approximately 386,000 U.S. homes in coastal metro areas are likely to be at risk of regular flooding by 2050, according to a report issued by Zillow and Climate Central.   The report also stated that moderate reductions in emissions-driven pollution... more
Mortgage Equity Partners (MEP) staffers recently joined with industry colleagues from Rebuilding Together Boston and the Massachusetts Mortgage Bankers Association to rebuild the home of a 77-year-old widow of a disabled veteran in the Dorchester section
Mortgage Equity Partners (MEP) staffers recently joined with industry colleagues from Rebuilding Together Boston and the Massachusetts Mortgage Bankers Association to rebuild the home of a 77-year-old widow of a disabled veteran in the Dorchester section of Boston. The homeowner and her husband... more

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