Stories for 02/05/2010 - 1 to 18 of 18    (click headline for complete story)

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     : (INTEREST RATES) Rates Up After Three-Week Slide:   Mortgage rates edged up this week but they still hover in the 5% range, says Freddie Mac in its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 5.01% with an average 0.7  02/05/2010 11:06 AM

     : (BUDGET) Questions Over GSE Budget Omission:   An Office of management & Budget decision to omit financial considerations regarding Fannie Mae and Freddie Mac from the FY 2011 budget proposal has several lawmakers balking at the  02/05/2010 11:05 AM

     : (MORTGAGE FINANCE) Obama Bank Plan Draws Dodd Ire:   Claiming the Obama administration is sabotaging efforts to enact financial reform, Senate Banking Chairman Christopher Dodd calls the White House effort to ban proprietary trading among U.S. banks  02/05/2010 11:03 AM

     : (MOVING TO WORK) Three New MTW Pilot Programs:   Public housing authorities in three cities will join 30 other authorities across the nation in administering HUD's Moving To Work Program.  02/05/2010 11:01 AM

     : (FIREARMS) NRA Defends Public Housing Guns:   A ban on gun ownership at properties owned by four public housing authorities in Delaware faces a legal challenge from the Nat'l Rifle Assn. based on findings by the Caesar Rodney Institute, 02/05/2010 10:57 AM

     : (AFFORDABLE HOUSING) Youngstown Eyes Mixed-Income Plan:   Youngstown, OH Metropolitan Housing Authority officials seek to demolish the remaining 220 public housing units in a vintage project dedicated by Eleanor Roosevelt in 1940 and replace them  02/05/2010 10:54 AM

     : (TRESPASSING) Lawsuit Targets Trespassing Arrests:   A lawsuit filed in U.S. District Court in Manhattan accuses New York City police of aggression and unwarranted trespass arrests against public housing tenants and their visitors. The complaint challenges  02/05/2010 10:52 AM

     : (MORTGAGE FINANCE) New Financial Products Ban At GSEs:   Citing massive financial losses at Fannie Mae and Freddie Mac, the regulator of the government-sponsored enterprises now under federal supervision bars the mortgage giants from introducing new  02/05/2010 10:51 AM

     : (SETTLEMENT PLAN) Westchester Plan In HUD Hands:   New York's Westchester County has submitted its plan to implement its 2009 settlement with HUD to relocate minority residents to census tracts where minorities do not represent  02/05/2010 10:49 AM

     : (AFFORDABLE HOUSING) Housing Council Legislative Target:   New Jersey lawmakers are poised to eliminate the much-criticized Council on Affordable Housing and allow municipalities to administer their own affordable housing programs with help from  02/05/2010 10:47 AM

     : (NEIGHBORHOODS) HUD Puts Squeeze On Joliet:   Local motives regarding Joliet, Il decisions to replace traditional public housing with mixed-income neighborhoods are at the center of a court fight between HUD and city officials 02/05/2010 10:44 AM

     : (HUD REGIONS) Three New HUD Regional Directors:   HUD Secy. Shaun Donovan goes to the political well to tap regional chiefs for three of HUD's regional offices. The choices were made on the basis of municipal connections and ability to glad-hand  02/05/2010 10:43 AM

     : (ELDERLY) Elderly, Disabled Take Budget Hits:   Housing for the Elderly and Housing for Persons with Disabilities programs take some of the biggest hits in HUD's FY2011 budget proposal. The administration says the cuts result because 02/05/2010 10:41 AM

     : (FORECLOSURE) Another NY Apartment Failure:   Two weeks after owners of the massive New York City Peter Cooper Village-Stuyvesant Town rental apartment complex walked away from their $5.4 billion investment because the property value  02/05/2010 10:39 AM

     : (CRACKDOWN) Cities Get Sec. 3 Ultimatums:   More than 4,000 U.S. cities have received letters from HUD telling local officials to comply with the department's Sec. 3 requirements or face blanket withholding of HUD subsidies. The move was  02/05/2010 10:37 AM

     : (APPLICATIONS) Mortgage Applications Surge:   Mortgage applications soar 21% to a 6-week high of 620.7 as buyers rush to take advantage of the expiring federal tax credit ... 02/05/2010 09:15 AM

     : (STRATEGIES) NAHB Awards Costa Pacific Communities for Innovative Design:   The National Association of Home Builders (NAHB) has awarded Costa Pacific Communities' latest community, Villebois ... 02/05/2010 09:14 AM

     : (STRATEGIES) Builders Working Fast to Take Advantage of Expiring Tax Credit:   With the federal home buyer tax scheduled to expire April 30, homebuilders are racing against the clock ... 02/05/2010 09:13 AM

Housing Affairs Letter