FHA Reopens Comment Period on Proposed Ban of Seller-Assisted Payments
In a speech at the National Press Club on June 9th, FHA Commissioner Brian Montgomery announced that HUD would be re-opening the public comment period on a proposed ban of seller-assisted down payments for FHA loans.
6/11/2008

Housing Reform Legislation In Both Senate and House
On May 8th, the U.S. House of Representatives passed a housing package, in a vote of 266-154.
5/9/2008

HUD Secretary Steps Down
On March 31, 2008, Alphonso Jackson announced that he would be stepping down as the U.S. Housing and Urban Development Secretary
4/1/2008

HUD Proposes Extensive RESPA Reform in Response to Market
The U.S. Department of Housing and Development (HUD) issued a proposal on March 14, 2008 to change the Real Estate Settlement Procedures Act (RESPA), which includes regulations for a new Good Faith Estimate (GFE).
3/14/2008

Stimulus Package signed on Wednesday, February 13th, 2008.
Government's Stimulus Package Raises GSE, FHA Loan Limits.
2/13/2008

HUDClips More Accessible
The HUDClips website has moved to http:/www.hud.gov/offices/adm/hudclips. HUDClips provide HUD Clients with free access on the web to official HUD documentation, including policies, procedures, announcements, notices and handbooks, as well as other official materials.
2/10/2008

FHA Act Proposed to Help Borrowers Retain Homes
House Financial Services Committee Chairman Barney Frank proposed a plan on March 13, 2008 to give the Federal Housing Administration (FHA) $150-$300 billion over each of the next two years to provide guarantees to help refinance at-risk mortgages.
2/1/2008