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HUD steps up enforcement of job creation requirements for state and local government

HUD steps up enforcement of job creation requirements for state and local government

HUD steps up enforcement of job creation requirements for state and local government 3,100 agencies submit 2008 annual reports documenting efforts to hire low-income residents
WASHINGTON – More than 3,100 state and local government agencies have responded to the U.S. Department of Housing and Urban Development’s campaign to expand hiring and contracting opportunities for low-income persons. [...]

March 9 2010 | Posted in HUD, press release | Read More »

Professor Advises Underwater Homeowners To Walk Away From Mortgages

Professor Advises Underwater Homeowners To Walk Away From Mortgages

LA Times:
Go ahead. Break the chains. Stop paying on your mortgage if you owe more than the house is worth. And most important: Don’t feel guilty about it. Don’t think you’re doing something morally wrong.
That’s the incendiary core message of a new academic paper by Brent T. White, a University of Arizona law school professor, [...]

March 9 2010 | Posted in Featured, Foreclosure | Read More »

How to Buy HUD Homes As Investments

How to Buy HUD Homes As Investments

How to Buy HUD Homes As Investments., Buying HUD (Department of Housing and Urban Development) homes isn’t necessarily a way to get rich quick. These homes are supposed to be sold at market value, after all, which would seemingly make the great deals you hear about a myth. However, there are some profit opportunities here.
One [...]

March 5 2010 | Posted in Buying HUD Homes | Read More »