Plot Thickens on Mortgage Write-Down Debate.

Fannie Mae conducted small tests to forgive debts of homeowners who owed more on their mortgages than the properties were worth in 2010. But the mortgage-finance company didn’t expand the pilot programs after concluding the programs were difficult to operate and the...

IRS Publishes MRB Purchase Price Safe Harbors

The IRS has published Rev. Proc. 2012-25, which provides the nationwide average purchase price limits and the average area purchase price safe harbors for the Mortgage Revenue Bond and Mortgage Credit Certificate programs. The Revenue Procedure sets the national...

First-time home buyers could pay the price for payroll tax cuts

A message on behalf of  Suzy Khimm, Washington Post: House Republicans have revolted against the two-month payroll tax cut that passed the Senate on Saturday, offering the rationale that they want a full-year extension instead. One thing they don’t seem to be...

A message from NALHFA: Important Information about NIBP

A message on behalf of NALHFA Dear NALHFA Members: Today the Treasury Department announced an extension of the New Issue Bond Purchase Program and the Temporary Liquidity Facility. NIBP will be extended for one year, i.e. through 2112 and TLCP for three years, i.e....

Happy Thanksgiving!

eHousingPlus would like to wish all of our clients, partners and industry colleagues a very Happy Thanksgiving with your family and loved ones. The eHousingPlus and HDS offices will be closed November 24th and 25th, re-opening on Monday, November 28th.   We wish you a...

HUD Says FHA Fund Solvent and Strengthening

HUD Says FHA Fund Solvent and Strengthening Blog Post posted by: Jon Lipe HUD released today its annual report to Congress on the financial status of the Federal Housing Administration (FHA) Mutual Mortgage Insurance (MMI) Fund, which backs FHA’s single-family and...

Florida Housing Lender Training

Training is scheduled for November 15th and will include program and system training. Loan officer and loan processor training is from  9:30am – 12:00pm EST Underwriter, closer, shipper training  is from 1:30pm – 4:30pm EST Training will last 3 hours.  Please make...

Veterans Day

To ALL who have served, past and current, THANK YOU!

MSRB State and Local Government Online Toolkit

The Municipal Securities Rulemaking Board (MSRB) launched a new online toolkit on November 7th. With videos and whitepapers on facts and tips for the municipal bond market, MSRB's toolkit provides helpful information to state and local governments about issuing bonds....

HUD Suspends Former President of Lend America

  HUD NEWS U.S. Department of Housing and Urban Development – Shaun Donovan, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 11-250 Brian Sullivan (202) 402-7527 http://www.hud.gov/news/index.cfm FOR RELEASE Wednesday, October 12, 2011   HUD...

HDS and eHousingPlus sends 2nd shipment to Joplin, MO

HDS, the HDS Foundation and eHousingPlus sent an additional four boxes of various items to Catholic Charities in Joplin, MO in our continued support of those affected by the events in the area a few months ago. Items donated in this shipment included women's clothing,...