Real Estate Articles

HUD Secretary highlights FHASecure, Housing Counseling grants, HOPE NOW alliance and other key proposals during MBA Convention Address.

The U.S. Dept. of Housing and Urban Development offers education and counseling grants to help distressed homeowners, battle predatory lending, and find shelter for the homeless.

Since the early 1990s, the National Assn. of REALTORS has supported changes to the tax code that penalize distressed property owners facing foreclosure. This week Congress took an important step forward toward Mortgage Cancellation Tax Relief.

The National Assn. of REALTORS supports the Mortgage Cancellation Tax Relief Act that will repeal a law that levies income taxes on homeowners whose mortgages are forgiven or foreclosed.

Foreclosure filings in August 2007 reached a record high, with one foreclosure filing for every 510 households in the United States.

Increasing numbers of foreclosures present realty professionals with distinct opportunities at every turn. Real estate coach Bob Corcoran offers a plan.

Proposal "Focuses Government Resources Where They Are Likely To Do The Most Good" ... "Will Help Thousands Of Homeowners Help Themselves" ... President Bush "Is Offering A Helping Hand To Honest Homeowners Who Got In Over Their Heads."

The Secretary of the U.S. Dept. of Housing and Urban Development urges Congressional leaders to pass legislation that will reform FHA's mortgage insurance programs.

Consumer groups hail a White House Foreclosure Avoidance Initiative that will proffer help to distressed homeowners before it is too late to save their homes.

President Bush announces steps to help American famlies keep their homes and reform the mortgage finance system.