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(PROJECTS) HUD Smacks Los Angeles over Incomplete Seniors Housing
    HUD is trying to compel the City of Los Angeles to finish long-overdue construction of a seniors-targeted affordable housing project or fork over millions in previously approved federal money.
07/02/2009 5:48 PM

(BAILOUTS) Key Obama Housing Effort Gets Expanded
    The "Making Home Affordable" refinance program supported by the Obama administration gets a fresh boost in the form of relaxed eligibility standards.
07/02/2009 4:05 PM

(PROJECTS) Isakson Buys Out Bank's Stake to Continue Community Plans
    A Georgia-based continuing care retirement community (CCRC) developer agrees to buy out a bank's equity interest in an Atlanta area development in order to keep the project moving forward.
07/02/2009 4:04 PM

(HOME VALUES) Home Prices Down, Losses Slowing
    Standard & Poor's highlights that home price values are decreasing at a slower rate than in previous months, though the losses remain historically high.
07/02/2009 2:58 PM

(STRATEGIES) 'Stay-and-Play' Becomes Increasingly Popular 50+ Tool
    Whether calling them "stay-and-play" or "lifestyle test-drive" packages, programs aimed at attracting would-be 50+ homebuyers now represent a widespread advertising/marketing strategy among active adult developers.
07/01/2009 5:30 PM

(PROPERTIES) Nursing Home Sell-Off in Chicago
    Opportunities now are arising some areas for care-based housing providers interested in purchasing underperforming facilities being dumped by larger outfits or real estate investment trusts.
07/01/2009 5:24 PM

(EMERGING TREND) Architect: Seniors Co-Housing, Village Centers the Future
    The recession is going to force many in the seniors housing industry to reinvent themselves. And that's a good thing for an industry that got "fat and lazy" during a boom when anyone could sell a boomer- or senior-oriented home, says one principal of architecture firm Irwin Pancake Dawson.
06/26/2009 6:28 PM

(REVERSE MORTGAGES) Lenders Trying to Fight Negative View
    Insiders with the reverse mortgage industry tell HSR that ongoing "miseducation" and negativity about their products is hampering the ability of their firms to meet the growing financial demands of seniors.
06/26/2009 4:37 PM

(FHA) Program Headed For Larger Role
    While paying lip service to the private mortgage insurance market, HUD Secy. Shaun Donovan is preparing the Federal Housing Admin. (FHA) to play an increasingly larger role in mortgages.
06/26/2009 3:07 PM

(LOAN TERMS) Mortgage Modification Change Still Slow Coming
    Despite repeated efforts by the Obama administration and Congress to convince banks and mortgage loan servicers to modify mortgage terms so that more Americans can keep their homes, evidence of success remains hard to find.
06/26/2009 2:22 PM