HUD: FHA Extends Foreclosure Relief for Homeowners Impacted by Recent Hurricanes
The Federal Housing Administration (FHA) is extending its initial 90-day foreclosure moratorium for FHA-insured homeowners impacted by Hurricanes Harvey, Irma and Maria for an additional 90 days due to the extensive damage and continuing needs in hard-hit areas. Read FHA’s letter to lenders, servicers and counseling agencies. FHA is extending this foreclosure relief in Presidentially…
CFPB: How to Get a Handle on Debt
By Courtney-Rose Dantus There are many steps both big and small to getting a handle on your debt. If you’re unsure where to turn for help or who to trust, you’re not alone. We estimate that about one in three people have been contacted by a creditor or collector seeking to collect a debt within…
HUD: Additional $58 Million Allocated to Help Texas Recover from Hurricane Harvey
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today allocated an additional $57.8 million to help Texas recover from Hurricane Harvey. The grant announced today is provided through HUD’s Community Development Block Grant – Disaster Recovery (CDBG-DR) Program. Combined with CDBG-DR grants already allocated to the State of Texas from disasters that occurred in…
FHFA: Preferred Language Question to be Added to the Redesigned Uniform Residential Loan Application
The Federal Housing Finance Agency (FHFA) today announced its decision to add a preferred language question to the redesigned Uniform Residential Loan Application (URLA). This question will enable borrowers who prefer to communicate in a language other than English to identify that language. It also provides clear disclosures that the mortgage transaction is likely to…
Census Bureau: New American Community Survey Data Now Available
The U.S. Census Bureau’s 2016 American Community Survey one-year Public Use Microdata Sample (PUMS) files and Supplemental Estimates Tables are now available on census.gov. 1-Year Public Use Microdata Sample (PUMS) Files The PUMS files contain data on approximately 1 percent of the U.S. population and allow users to create their own tabulations. The files show…
Census Bureau: Three Blogs to Help You Understand Population Estimate
The U.S. Census Bureau recently released the 2016 population estimates, which helps gauge change in the population since the 2010 Census. Read the blogs below to understand the methodology behind these releases. Net Migration and Population Estimates: A High-Level Overview Written by: Amel Toukabri, Local Government Estimates and Migration Processing The U.S. Census Bureau recently…
HUD: Disaster Assistance for California Wildfire Victims Announced
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of California and provide support to homeowners and low-income renters forced from their homes due to wildfires. President Trump issued a major disaster declaration for Butte, Lake, Mendocino, Napa, Nevada, Orange, Sonoma, and Yuba counties. The President’s declaration allows…
Federal Reserve: FEDS Notes | The Unequal Distribution of Economic Education
The Unequal Distribution of Economic Education: A Report on the Race, Ethnicity, and Gender of Economics Majors at US Colleges and Universities Amanda Bayer and David Wilcox Abstract: The distribution of economic education among US college graduates is quite unequal: female and underrepresented minority undergraduates, collectively, major in economics at 0.36 the rate that white,…