FHA borrowers to get more mortgage relief options

A wider set of tailored relief options are to be offered to people with Federal Housing Administration-insured mortgages who’re unable to make their payments due to the COVID-19 pandemic, the Department of Housing and Urban Development said last week. Under the new measures, mortgage servicers can extend deferred or reduced payment options to FHA borrowers

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Denver pilots new granny flat program aimed at solving city housing shortages

Authorities in Denver are initiating a new program in the city that aims to solve housing shortage problems while providing a new income stream for low-earning homeowners.

FEMA set to end housing aid for Hurricane Maria victims

The Federal Emergency Management Agency says that aid intended to subsidize housing costs for Puerto Ricans displaced by Hurricane Maria will expire at the end of this week.

California wildfire victims to get mortgage relief

Homeowners whose properties have been lost or damaged by the wildfires in California this year might be able to defer their mortgage payments

Freddie Mac Requests $6 Billion to Offset Third Quarter Losses

Freddie Mac has asked the government to bail it out again with an additional $6 billion in aid, so that it can offset third quarter losses. The request is the largest of its kind since April 2010. Altogether, the taxpayer has had to stump up almost $169 billion to rescue Freddie Mac and Fannie Mae,

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