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Government Archive


Alliance Urges Bill with Higher CAFE, Tax Incentives, Appliance Standards

RISMEDIA, Dec. 7, 2007-This week, the Alliance to Save Energy urged members of the U.S. House of Representatives to adopt an energy package that will save American consumers money while also improving our environment and increasing our nation's energy security. ...


New HUD Data Shows Program Has Helped 33,000 Prevent Foreclosures

RISMEDIA, Dec. 4, 2007-In response to the Bush Administration's plan to help families avoid foreclosure, tens of thousands of homeowners are refinancing their exotic subprime loans with HUD's new government-backed mortgage product. HUD Secretary Alphonso Jackson announced that more than 33,000 borrowers have already refinanced their subprime home loans with ...


HUD to Take Over Rental Housing Assistance for Residents Affected by 2005 Hurricanes

RISMEDIA, Nov. 21, 2007-Nearly 30,000 residents affected by the 2005 Gulf Coast hurricanes will continue to receive housing assistance when the U.S. Department of Housing and Urban Development (HUD) assumes control of the Federal Emergency Management Agency's (FEMA) rental program on December 1, 2007. HUD continues to work with its ...


Regional Spotlight: New Campaign Helps Dreams Come True For Michigan Residents

RISMEDIA, Nov. 19, 2007-The Michigan State Housing Development Authority (MSHDA) and the Michigan Hispanic Caucus have announced the release of the latest in a series of tools aimed to make homeownership a reality for Michigan's Hispanic population. ...


Regional Spotlight: Illinois Law to Help Protect Against Foreclosures

RISMEDIA, Nov. 8, 2007-In the midst of the foreclosure crisis striking the nation, Illinois homeowners received some good news; Governor Rod Blagojevich has delivered a state law to help protect consumers from losing their homes. ...


NUL Applauds Decision to Hault HUDs Effort

RISMEDIA, Nov. 7, 2007-The following statement was issued by the National Urban League (NUL) in response to a preliminary injunction by the Unites States District Court for the District of Columbia barring the U.S. Department of Housing and Urban Development (HUD) from enforcing the "Standards for Mortgagor's Investment in Mortgaged ...


Genesis Foundation & Home Downpayment Gift Foundation Prevail

Judge orders a halt to HUD's anti-homeownership rule ...


HUD Encourages California Landlords to Help Those Effected by the Fires

RISMEDIA, Nov. 5, 2007-As more families displaced by the wildfires in Southern California look for transitional housing, the U.S. Department of Housing and Urban Development is expanding its list of available rental housing and strongly encouraging multifamily property owners and landlords to include their unoccupied housing units in HUD's National ...


Two Million Subprime Foreclosures Expected by 2009

By Robert Schroeder, MarketWatch ...


Antitrust Division Launches Web site on Competition Among Brokerages

RISMEDIA, Oct. 16, 2007-The Antitrust Division of the Department of Justice launched a new Web site last week to educate consumers and policymakers about the potential benefits that competition can bring to consumers of real estate brokerage services and the barriers that inhibit that competition. Among its features, the Web ...


Mortgage Servicers Aim to Head off Foreclosures

By Robert Schroeder, MarketWatch ...


Bush Administration Announces $44.1 Million in Housing Counseling Grants

RISMEDIA, Oct. 8, 2007-Approximately 700,000 families will have a greater opportunity to find housing or keep the homes they have because of more than $44 million in housing counseling and counseling training grants announced by Housing and Urban Development Secretary Alphonso Jackson. ...


Pelosi: Subprime Crisis Demands Action, Congress Will Protect Families Who Have Lost Their Homes

RISMEDIA, Oct. 5, 2007-Speaker Nancy Pelosi was joined by Senate Majority Leader Harry Reid and other House and Senate Democratic leaders at a news conference this morning in the Capitol to offer a plan to stem the rising tide of home foreclosures created by the subprime mortgage market crisis. Below ...


Democrats Press for More Aid to Subprime-Mortgage Borrowers

By Robert Schroeder ...


Fed Rate Cut is Becoming ‘Bernanke Conundrum’

RISMEDIA, Oct. 2, 2007-(MCT)-When the Federal Reserve lowered interest rates this month, critics complained that Fed Chairman Ben Bernanke was bailing out homeowners who should never have taken out all those wacky no-down-payment, no-documentation, no-fixed-rate mortgage loans. ...



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