HUD
Also known as HUD, the Department of Housing and Urban Development is the federal department responsible for the nation's housing programs. It also regulates RESPA, the Real Estate Settlement Procedures Act, which governs how lenders must deal with their customers. Look here for more information about HUD and what it can do for you.
Featured HUD Article
New Refinance Option for FHA Borrowers Allows Second Interest-Free FHA Loan
Added July 30, 2009 by Ilyce R. Glink
The Department of Housing and Urban Development (HUD) announced a new program designed to help FHA borrowers refinance their mortgages. FHA will allow mortgage servicers to provide a an interest-free second loan of up to 30 percent of the loan balance that does not have to be paid until the primary loan is paid off. Mortgage servicers can rewrite the terms of FHA loans, even FHA loans that are delinquent.
Read More: New Refinance Option for FHA Borrowers Allows Second Interest-Free FHA LoanHUD Videos
Latest Videos
Expert Real Estate Tips: What Is A HUD-1 Form?
Summary:
What is a HUD-1 Form in real estate? The HUD-1 Form is a record of all money spent during the purchase of a home. Appraisals and other services are listed on the HUD-1 Form and many are tax deductible items. Learn more about HUD-1 Forms from this Expert Real Estate Tips segment.
Watch Video: Expert Real Estate Tips: What Is A HUD-1 Form?HUD Articles
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