| Mar 2, 2011 10:03AM In his prepared remarks on the Dapartment of Housing and Urban Development's fiscal year 2012 budget, HUD Secretary Shaun Donovan yesterday told the House Financial Services Committee that any spending allocations must meet a number of challenges. Assisting responsible families in the midst of housing crisis, providing quality affordable rental housing, transforming neighborhoods racked with poverty, rebuilding the nation's federally-assisted public housing stock and ensuring that its tenants are... Mar 2, 2011 10:40AM The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending February 25, 2011. The MBA's loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by mortgage bankers, commercial banks, and thrifts. The data gives economists a snapshot view of consumer demand for mortgage loans. In a falling mortgage rate environment, a trend of increasing refinance applications implies consumers are seeking out lower monthly...
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