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Sign up today to receive VHDA's eNews. We send our newsletter about six times per year, plus occasional updates on events impacting the affordable housing industry in Virginia. You can also read past editions.

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Members of the news media: You are invited to get in touch with our public relations manager using the contact information in the sidebar of this page. (If you are on a deadline, please contact us by phone).



eNews and Press Releases

8/13/2014Clase de VHDA para la Educación al Comprador de Casa en Español
6/11/2014Letter from Executive Director
6/11/2014Board of Commissioners Update
6/11/2014New Secretary of Commerce and Trade
6/11/2014Tax Credits Fund New Life for Old Hotel
6/11/2014HUD Guidelines Have Changed
6/11/2014Reaching Out to Hispanic Homebuyers
6/11/2014NOVA Housing Expo
6/11/2014Annual Charity Golf Tournament
6/11/2014Associate Updates

News Clips

MNI News, Wednesday, October 01, 2014
(RECAP: The country's top housing official Wednesday bemoaned what he sees as overly stringent credit market that is impeding the homeownership aspirations of many creditworthy borrowers. "The dream of homeownership is out of reach for too many Americans, and all of us at HUD are determined to change this," HUD Secretary Julian Castro declared in a speech at a conference hosted by the Congressional Hispanic Caucus Institute. He also said his department will work to address what he described as "an affordable housing crisis.")
Mortgage News Daily, Wednesday, October 01, 2014
(RECAP: A lawsuit challenging the manner in which profits from Fannie Mae and Freddie Mac (the GSEs) have been allocated to the U.S. Treasury was dismissed on Tuesday by a U.S. District Court judge. The suit, brought by institutional investors, contested 2012 changes they maintained violated the original terms of the government's 2008 bailout agreement and unlawfully impair shareholder value. In dismissing the suits, the court stated that Treasury and FHFA had been given the power by Congress under the Housing and Economic Recovery Act (HERA) to take the companies' profit. He suggested investors take up their grievances with Congress.)
HousingWire, Tuesday, September 30, 2014
(RECAP: For the first time since the new mortgage servicing rules went into effect in January 2014, the Consumer Financial Protection Bureau (CFPB) enforced the rules, handing down a $37.5 million fine to Michigan-based bank Flagstar for illegally blocking foreclosure prevention. CFPB Director Richard Cordray said on Monday that his Bureau will not tolerate violations of the new mortgage servicing rules.)
The Wall Street Journal, Monday, September 29, 2014
(RECAP: Federal Reserve Bank of Dallas President Richard Fisher said Monday he might want to start raising interest rates next spring, rather than wait until later in the year as many of his colleagues prefer. Fisher said the timing of the first increase in short-term rates from near zero “really depends on how the economy evolves.” But he added, “the spring may be the right time raise rates rather than the summer.” Fisher is currently a voting member of the Fed’s policy committee. He has been a consistent opponent of the Fed’s aggressive actions aimed at boosting hiring and pushing inflation back up toward the institution’s 2% goal.)
CFPB Monitor, Monday, September 29, 2014
(RECAP: The CFPB has published a notice stating that as part of its Owning a Home project, it plans to seek approval from the Office of Management and Budget to conduct a field study of the project. The project consists of a various online tools and resources developed by the CFPB to help consumers make decisions about mortgages. Comments are due by November 25, 2014.)

 

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