Reverse industry rep reappointed to role on HUD housing counseling committee

Carol Dujanovich, senior vice president and director of reverse mortgages at University Bank, has been reappointed to a new three-year term as a member of the U.S. Department of Housing and Urban Development (HUD) Housing Counseling Federal Advisory Committee (HCFAC).The committee is designed to adv

HUD: A racial divide exists between FHA homeownership and rental assistance programs

Researchers at the U.S. Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. They found that homeownership program beneficiaries generally live in m

Mortgage rates are back near 6.5%. Will they stay there?

About a week after the Federal Reserve lowered benchmark interest rates for the first time since the start of the COVID-19 pandemic, mortgage rates reached their low point for 2024.The news has not been so positive since then for U.S. consumers or the housing industry.According to HousingWire’s Mort

The Benefits of Using Your Equity To Make a Bigger Down Payment

Did you know? Homeowners are often able to put more money down when they buy their next home.