HUD’s overarching mission is to create strong, sustainable, inclusive communities and quality affordable homes which involves HUD entering into business agreements (e.g. use agreement, regulatory ...

A HUD statement — or HUD-1 Settlement Statement — is a summary document that details loan costs and credits on reverse mortgages and mortgage refinances. This document acts as an itemized list of all ...

The U.S. Department of Housing and Urban Development (HUD) has created a variety of standardized forms for use in certain mortgage transactions and HUD programs. One common HUD form is the HUD-1 ...

The U.S. Department of Housing and Urban Development (HUD) continues to support the Home Equity Conversion Mortgage (HECM) program as an option that can benefit certain seniors seeking to age in place ...

Washington, D.C. — Today, the Department of Housing and Urban Development, or HUD, released its second progress report on the Distressed Asset Stabilization Program, or DASP. According to HUD, ...

A new Consumer Financial Protection Bureau (“CFPB”) advisory opinion refreshes the Department of Housing and Urban Development’s computer loan origination system policy statement for a new generation ...