New home sales up 4% in March, reversing recent declines – The estimate of new homes for sale at the end of January was 301,000. Other data from the Census Bureau and HUD: The median sales price of new homes sold in March was $337,200 The average sales.
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Finding more flaws in HUD’s accounting of HOME program – HUD said, the practice is appropriate. Unspent HOME money is supposed to be moved to more viable projects, officials said. The agency acknowledged that for-sale homes must be sold before they are.
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11 things we learned investigating how the government sells mortgages to investors – HUD’s own rules state the lender can only turn the loan over to HUD for sale once all efforts to keep homeowners in their home are exhausted.
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