The new Federal Housing Administration director for multifamily housing, Charles H. Williams, is heading to Baton Rouge, La., along with 50 Department of Housing and Urban Development employees to help victims of Hurricane Katrina find temporary housing.The HUD contingent led by Mr. Williams will be assisting the Federal Emergency Management Agency in the relief effort. Mr. Williams, a HUD deputy assistant secretary, was previously in charge of HUD's Office of Affordable Housing Preservation, which is responsible for restructuring expiring federal rent subsidy contracts on privately owned multifamily properties. Meanwhile, the FHA has identified 3,410 foreclosed single-family houses in five Gulf Coast states that might provide shelter for families displaced by the hurricane and flooding. "We are currently inspecting our properties" to determine their condition, a HUD spokesman said.
-
The decline in non-owner occupied acquisitions came as sales fell overall due to high mortgage rates and bad winter weather in the Northeast, BatchData said.
40m ago -
The Fathom Holdings purchase bolsters the retail platform's ambitions to become a one-stop shop for all homeownership needs, Bed Bath & Beyond's CEO said.
53m ago -
A trade group says it has few options to continue fighting a California statute increasing protections for borrowers and upping burdens for lienholders.
9h ago -
The lending giant accuses Prime Home Lending of causing reputational harm through aggressive telemarketing that is confusing their clients.
9h ago -
Maxex named a new chief financial officer, Lennar elevated Jim Parker to chief operating officer and U.S. Mortgage Insurers appointed a new board chair.
9h ago -
The first bipartisan, bicameral housing compromise includes a suite of community banking provisions long sought by the industry.
June 16









