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Residential Real Estate News
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Here are the headlines from some of the best sources of
residential real estate news that we have found.
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HUD CHARGES PENNSYLVANIA OWNERS WITH VIOLATING FAIR HOUSING ACT
WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it has charged the owner of Lofts at the Mill in Scranton, Pennsylvania, its leasing agent and property manager, and management company, Normandy Holdings, LLC, with violating the Fair Housing Act for refusing to rent to families with children by publishing discriminatory Internet and newspaper ads.
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BUSH ADMINISTRATION'S FHASECURE REFINANCES 200,000TH MORTGAGE FOR AMERICAN FAMILIES
WASHINGTON - U.S. Housing and Urban Development Deputy Secretary Roy A. Bernardi today announced the Bush Administration's FHASecure product has helped 200,000 homeowners refinance their mortgages and avoid foreclosure. Since September 2007, FHASecure has enabled struggling families - who are current or past due on their mortgages - to refinance through HUD's Federal Housing Administration (FHA).
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HUD ANNOUNCES $40,000 SETTLEMENT FOR OREGON FAMILY WITH AUTISTIC CHILD IN DISCRIMINATION CASE
WASHINGTON - The U.S. Department of Housing and Urban Development today announced that a Portland, Oregon apartment owner and management company have agreed to pay the parents of an autistic child $40,000 to settle a housing discrimination complaint. Daniel and Jenny Sanchez claimed Princeton Property Management, Inc. refused to accommodate the special needs of their three-year-old son.
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NEW EXECUTIVE DIRECTOR SELECTED TO HEAD THE VIRGIN ISLANDS HOUSING AUTHORITY
WASHINGTON - The U.S. Department of Housing and Urban Development has selected Robert Graham, a certified property management consultant with public housing experience, as the new executive director of the Virgin Islands Housing Authority (VIHA). Graham, whose appointment is effective today, will work closely with J. David Reeves, who will continue as the HUD-appointed board chairman.
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BUSH ADMINISTRATION TO IMPLEMENT FHASECURE EXPANSION USING FAIR, FLEXIBLE PREMIUM PRICING
WASHINGTON - The Bush Administration today issued final guidance that will permit its flagship mortgage insurance program to assist more homeowners who are struggling to keep up with their high-cost subprime adjustable rate mortgages. To ensure taxpayers do not assume the cost of this expansion, HUD's Federal Housing Administration (FHA) will implement a fair and flexible premium pricing structure beginning July 14, 2008.
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of Fayetteville
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(South)
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