Understanding HUD and what it means for residential real estate

Any agent who works with a client who has procured Fannie Mae or Freddie Mac loans is effectively working for a HUD client. It’s essential, then, that agents know how to navigate the paperwork and bureaucracy of a HUD transaction, or know where to get help.
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FHA cuts mortgage insurance premium, touts expected savings for homebuyers 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March 20. 
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HUD Sec. Fudge: ‘We will enforce U.S. Fair Housing Act’

Housing secretary reaffirms U.S. commitment to closing the racial homeownership gap at a forum with NAR president and top housing officials.
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