HUD Publishes March’s Housing Scorecard
U.S. Housing and Urban Development Press Release
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released their monthly housing market report for March. Highlights include that home purchases have risen 12 percent and home sales have increased 10 percent in the past year and that the foreclosure relief programs, including Home Affordable Modification Program (HAMP), are continuing to have a dramatic impact on millions of borrowers, saving them collectively an estimated $18.5 billion in mortgage payments. More...