President Obama established the Hardest Hit Funding February 2010 to provide targeted aid to families in states hit hard by the economic and housing market downturn. As part of the [...]
$8.5B Settlement Ends Case-By-Case Foreclosure Reviews News from IACED’s partner the National Alliance of Community Economic Development Associations (NACEDA). On January 7, Federal bank regulators announced an $8.5 billion deal [...]
On October 18, Enterprise released an updated version of its National Mortgage Settlement report – States Fall Short on Help for Housing. In this new report, researchers Andrew Jakabovics and [...]
Earlier this year, the Internal Revenue Service’s (“IRS”) Exempt Organizations (“EO”) division unveiled its annual work plan. The plan highlights the division’s priorities for the year in determining and examining [...]
Joseph A. Smith, Jr., Monitor of the national mortgage servicing settlement, has announced the launch of an online tool for consumer advocates to report their clients’ mortgage servicing complaints. The [...]
The Indiana Association for Community Economic Development (IACED) is collaborating with its member the Indianapolis Neighborhood Housing Partnership (INHP) to deploy services from the National Community Stabilization Trust (NCST) across [...]
IACED’s national partner, The National Community Reinvestment Coalition (NCRC), is offering free HUD-funded housing counseling training around the nation. Participants will learn how to identify fair lending abuses & mortgage [...]
The top five mortgage servicers in the United States remain locked in tense debates with the Department of Justice, federal bank regulators and the attorneys general of each state surrounding foreclosure practices that took place in the height of the housing crisis. These negotiations yielded a revised agreement in May that includes a relief fund to adjust mortgages and provide for mediation of future cases. While no figure has been agreed upon, the banks have so far offered figures below the $20 billion amount floated by regulators.
IACED members have an opportunity to shape a national article on lessons from the nonprofit sector’s use of the federal stimulus.
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