FHA Adds New Help for Homeowners Impacted by COVID-19
In addition to a foreclosure extension, owners with an FHA home loan now have forbearance extension options and can find help via FHA’s new outreach program.
CFPB Issues Rules to Create Smooth Forbearance Transition
The consumer bureau’s acting director, Dave Uejio, says the foreclosure-ban end will “drain billions of dollars in wealth from the Black and Hispanic communities.” The rules require lenders to assertively help homeowners stay in their homes and understand their options.
Getting Listings: Tips for Finding Off-Market Property
Before contacting a Realtor, homeowners may tell a few people that they’re planning to sell. How can you find these people and talk to them first?
‘Housing Funds for Housing’ Amendment: Download, Sign, Send
Should doc stamp money collected for housing be spent only on housing? Florida Realtors members think so, and the association throws its full support behind a drive to amend Florida’s constitution. But that petition drive needs almost 1M signatures – including yours.
Habitat for Humanity Struggles with High Construction Costs
The nation’s highest-profile builder of affordable housing says rising supply costs and a drop in volunteers has made the program unsustainable, at least for now.
Miami Herald Editorial: We Need to Protect Affordable Housing
“When it comes to (Florida’s) affordable-housing needs, we need all the help we can get,” editors write. The state’s “housing funds help people who are first responders, our teachers, our paramedics with down-payment assistance,” says Florida Realtors President-Elect Christina Pappas.
How to Win a Bidding War?
In the end, coming out on top largely depends on the highest offer. But one Realtor also calls the seller’s agent to see what the seller considers most important.
HUD to Bring Back Stronger Discrimination Rules
HUD wants to restore a 2013 rule that focused on “disparate impact,” which is an analysis of a practice’s outcome even if the practice itself isn’t discriminatory.
Scam Warning: Local Association Member Doesn’t Have Sick Son
An existing Realtor scam asks members to help pay for a sick son’s surgery, but it now appears as if the request for help was sent by your local association.
HUD Focuses on Housing Protections for ‘Returning Citizens’
HUD Secretary Fudge wrote a letter making it clear that ex-prisoners qualify for emergency vouchers – and to avoid “overbroad denial … on the basis of criminal records.”