Bloomberg: Blackstone rental home bonds have highest LTV Taper mania remains high. the rental proceeds from those homes into the kind of "sliced and diced" securitisations that proliferated before the bursting of the housing bubble in late 2007. This.RealtyTrac: Foreclosure activity picked up in 120 metros 2018 HW Insiders: Jill Cadwell An article by Jill Mislinski for Advisor Perspectives explains what this means historically: The Michigan average since its inception is 85.4. During non-recessionary years the average is 87.6. The.Benjamin Lawsky just made it easier to be a mortgage banker in New York Richmond Mayor committed to eminent domain fight Meet the Mayor Who’s Using Eminent Domain to Fight Foreclosure The fearless Gayle McLaughlin of Richmond, California, has taken on Chevron and big banks on behalf of taxpayers and underwater.CoreLogic: 791,000 underwater homes return to positive equity irvine, Calif., Dec. 17, 2013 /PRNewswire/ — corelogic() (nyse: clgx), a leading residential property information, analytics and services provider, today released new analysis showing approximately 791,000 more residential properties returned to a state of positive equity during the third quarter.And repossessing the collateral is much easier than for a home loan. Few analysts currently fear a subprime auto meltdown on par with the mortgage crisis. In April, New York Superintendent of.
Assessing HUD Plans for Evaluating Urban Promise Zones and. – Twenty-two Promise Zones were selected through three rounds of national competition. The U.S. Department of Housing and Urban Development (HUD), oversees 14 urban Promise Zones, and the U.S. Department of Agriculture (USDA) oversees 8 rural and tribal Promise Zones.
PNC Bank donates North Grand Branch to Urban League, Financial Empowerment Center will open in College Hill neighborhood – The building in the College Hill neighborhood will become the site of the Urban League Financial Empowerment Center in partnership with Grace Hill, St. Louis Community Credit Union, the U.S. Small.
ATLANTA – Mayor Kasim Reed joined U.S. Department of Housing and urban development (hud) secretary julin Castro today to announce the City of Atlanta has been named a Promise Zone community.
HUD stated that it would make awards on or before August 31, 2012. February 21, 2012 – hud extended mshda’s PB-ACC from April 1, 2012 through June 30, 2012. August 26, 2011 – Due to the large number of protests filed with the GAO, HUD withdrew the competition for the PBCA contract in the 43 protested jurisdictions. HUD stated the competition.
09/18/2014: HUD and Census Bureau Announce New Residential Construction Activity in August (14-112) 09/19/2014: Obama administration announces competition to Designate Next Round of Promise Zones (14-113) 09/23/2014: HUD Awards $7.5 Million to Help Seniors and Persons with Disabilities to Live Independently at Home (14-110)
The AmeriCorps VISTA members will deploy to each of the Promise Zones to support each community’ goals and recruit and manage volunteers. These AmeriCorps VISTA members will work to build the capacity of the Promise Zone to work with federal agencies, coordinating key stakeholders, and creating the community’ project evaluation.
In April, HUD released its draft guidelines for the second round of Promise Zone applications. The Promise Zone initiative is an Obama administration program designed to foster partnerships between the federal government and communities, leverage local investments and increase access to tools and resources that will help leaders revitalize.
WASHINGTON – Today, U.S. Department of Housing and Urban Development (HUD) Secretary Julin Castro and U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that communities may now apply to be designated a Promise Zone under the third and final round competition. Read the new notice seeking Promise Zone applications.
A top Obama administration official will be in St. Louis Monday to announce a major federal grant meant to rehab a housing complex, build a community center and fund a suite of social services on.