By Renee Schoof ...

RISMEDIA, Dec. 5, 2008-The U.S. Department of Housing and Urban Development launched a new, comprehensive website to assist Americans with improving financial literacy, sustaining healthy homeownership and achieving financial security. The My Money, My Home, My Future website provides a range of interactive resources to inform users about the importance ...

RISMEDIA, Nov. 26, 2008-The U.S. Department of Housing and Urban Development issued guidance under the Fair Housing Act clarifying what constitutes sexual harassment and the legal remedies available to victims of sexual harassment in housing. HUD's guidance makes clear that as long as an individual demonstrates that the harassment was ...

Changes will allow more struggling families to use the program and keep their homes ...

RISMEDIA, Oct. 6, 2008-Federal, state, and community leaders from around the nation will be gathering in Washington this week for a two-day national Summit on Housing sponsored by the U.S. Department of Housing and Urban Development. HUD Secretary Steve Preston invited key housing and finance staffs from state, city and ...

RISMEDIA, Oct. 3, 2008-This week, the Bush Administration unveiled additional mortgage assistance for homeowners at risk of foreclosure. The HOPE for Homeowners Program will refinance mortgages for borrowers who are having difficulty making their payments, but can afford a new loan insured by HUD's Federal Housing Administration (FHA). ...

RISMEDIA, Sept. 30, 2008-On Friday, Freddie Mac received a federal grand jury subpoena from the United States Attorney's Office for the Southern District of New York. Also on Friday, September 26, 2008, Freddie Mac received from the Staff of the Enforcement Division of the United States Securities and Exchange Commission ...

RISMEDIA, Sept. 19, 2008-Congress should pause and carefully consider the consequences before it acts to overturn its recent ban of so-called "charity" down payment assistance schemes, according to the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). ...

RISMEDIA, Sept. 12, 2008-This week, Governor Schwarzenegger's task force on non-traditional mortgages highlighted the dramatic increase in the number of California homeowners who have taken action in the wake of rising mortgage payments and seeking help through the HOPE hotline. ...

RISMEDIA, Sept. 11, 2008-U.S. Housing and Urban Development Secretary Steve Preston awarded nearly $6 million to 10 Hispanic-Serving Institutions (HSI) to help revitalize neighborhoods, promote affordable housing and stimulate economic development in their communities. ...

Commentary by Jason Kotar ...

By Angela Carter ...

RISMEDIA, July 15, 2008-Friday's volatility on Wall Street could signal an even wilder couple of weeks ahead, as the nation's troubled banks report financial results under a cloud of worry about the future of giant mortgage lenders Fannie Mae and Freddie Mac. ...

RISMEDIA, June 9, 2008-The National Association of Home Builders (NAHB) called on Congress to create a temporary home buyer tax credit along with other important tax measures to boost the faltering housing market and economy. ...

By Pauline Vu ...