Today Department of Housing and Urban Development (HUD) announced that $50 million in housing counseling and counseling training grants that will go out to nearly 400 national state and local agencies. The counseling grants will assist families in becoming first time homeowners and remain homeowners after their purchase. A portion of the grants will help […]
Category: Counseling
On Monday Senator Claire McCaskill accepted a national award presented by AARP for her legislative work to protect senior citizens from aggressive marketing and predatory lending in the reverse mortgage industry. The award is part of AARP’s Congressional Award program which honors members of Congress for their efforts on behalf of Americans over the age […]
When the Housing and Economic Recovery Act of 2008 was signed into law by President Bush, the Bill called for HUD to consider utilizing some of its FHA Mortgage Insurance Premium income to pay counseling costs. The provision was supposed to allow borrowers to receive counseling from an independent third party not associated with the […]
