Cleveland City Councilman Tony Brancatelli, who represents foreclosure-ravaged Slavic Village, is troubled that HUD has sold severely distressed houses for paltry sums in the name of financial ...

HUD homes are those that have been acquired by the government due to foreclosure on an FHA-insured mortgage. To recoup the monetary loss on the foreclosure, HUD tries to sell these homes.

You can start this week. A HUD home is a one-to-four-unit residential foreclosure owned by the U.S. Department of Housing and Urban Development. This is the agency that oversees the Federal ...

Altogether, Chapman said, there are about 7,000 of these foreclosed homes in the two states ... was extraordinary. HUD spokesman Lemar Wooley said that of 21 similar contracts solicited in ...

Experts project that over the next two years, as lenders steadily work through a backlog of foreclosures delayed by foreclosure-processing reviews, the supply of these HUD homes will increase ...

Sen. Schumer urges HUD to renew a program that helps Rochester turn zombie homes into affordable housing for first-time buyers before it expires July 1.

HUD Secretary Scott Turner will be ... mortgage servicers from initiating or completing a foreclosure on an FHA-insured single-family or Home Equity Conversion mortgages through July 7.

The U.S. Department of Housing and Urban Development (HUD) ”is now further extending the foreclosure moratorium for properties located in Maui County, Hawaii due to the extent of the devastation ...