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2. HUD auction - Wikipedia

   en.wikipedia.org/wiki/HUD_auction

   A HUD auction is a form of foreclosure auction except the original lender was a federal agency instead of a private lender. The United States Department of Housing and Urban Development (HUD), is the insurer of loans made through a variety of government programs, particularly FHA loans. When a lender forecloses on a government insured loan, HUD ...

3. How to stop foreclosure - AOL

   www.aol.com/finance/stop-foreclosure-220538027.html

   An expert from a housing counseling agency can guide you as you try to work with your mortgage company to avoid foreclosure. You can find a local HUD-approved expert online, or call HUD’s Office ...

4. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   However, HUD was given the power to set future requirements. In 1995 HUD mandated that 40 percent of Fannie and Freddie's loan purchases would have to support affordable housing. In 1996, HUD directed Freddie and Fannie to provide at least 42% of their mortgage financing to borrowers with income below the median in their area.

5. United States Secretary of Housing and Urban Development

   en.wikipedia.org/wiki/United_States_Secretary_of...

   Website. www.hud.gov. The United States secretary of housing and urban development (or HUD secretary) is the head of the United States Department of Housing and Urban Development, a member of the president's Cabinet, and thirteenth in the presidential line of succession. The post was created with the formation of the Department of Housing and ...

6. Foreclosures Are Rising: Here’s What Experts Say It ... - AOL

   www.aol.com/finance/foreclosures-rising-experts...

   Forclosure is never a good sign — back in 2008 and 2009, it was a stark symbol of the Great Recession. This current data set shows a 7% increase from April, but twice that much from 2022, with ...

7. What is a foreclosure? How it works and how to avoid it - AOL

   www.aol.com/finance/foreclosure-works-avoid...

   A foreclosure occurs when a lender takes control over a property from a borrower for failing to make timely payments. A foreclosure can damage your credit score and result in loss of property. As ...