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How one Florida credit union exec's efforts are helping the underserved

Aleutian Housing Authority opens new round of federal funding for homeowners

Millions of homeowners skipped mortgage payments during the pandemic, as people lost jobs and reevaluated their finances. In response, the U.S. Department of Treasury issued millions of dollars to states, tribes and U.S. territories to help prevent payment defaults and utility shutoffs. Now, the Aleutian Housing Authority is giving more than $2 million to homeowners in the Aleutian and Pribilof region through the Department of Treasury’s Homeowner Assistance Fund.

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English grammar… what a hassle. Is it "lay" or "lie"? - Are you sure you're using them correctly? “Than” versus “then?” One should use “than” only with a comparative adjective, like taller than, faster than, as in, Apocalypse Now is better than The Deer Hunter. “Then” is used for time, like at that moment, or after. Or “I lost $100 at blackjack, and then lost another $100 in craps.” Speaking of gambling losses, ever heard of loss aversion, a theory which behavioral economists will tell you drives many of our financial decisions? People feel the pain of losses much more than they feel the pleasure of gains. Empirical studies suggest that losing is twice as painful as winning is enjoyable. So people will go to great lengths to avoid losses, and to recover what they’ve lost. Politicians often play on this (voters have lost the good old days and want them back, an

HUD Announces New COVID-19 Recovery Loss Mitigation Options | Bradley Arant Boult Cummings LLP

Single-family housing borrowers get some much needed relief from the USDA

Single-family housing borrowers get some much needed relief from the USDA July 26, 2021 DELMARVA – Another part of the announcement on Monday from the U.S. Department of Agriculture and Rural Development; they are extending COVID-19 relief for Single-Family housing borrowers. We’re told this special relief measure provides new alternatives for borrowers to help them achieve up to a 20% percent reduction in their monthly principal and interest payments. Now there will be new options for home buyers including interest rate reduction, term extension, and a mortgage recovery advance. The USDA tells 47 ABC, these relief measures will help make sure families have a better chance of getting into a home, and staying in their home; something they believe is essential. “It’s really rewarding to see that they don’t have to live in places that are dangerous, that these are safe affordable housing that we provide,” says Scott Kessel, Acting State Director for USDA and Rural Develo