The information on this page is provided for HUD Approved Housing Counseling Agencies & their clients.
Housing Counselor Certification Proposed Rule Published: On September 13, 2013 HUD published proposed revisions to the Housing Counseling Program Code of Federal Regulations, 24CFR214. These proposed changes address amendments to the 2007 regulations as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Read the proposed rule and comment, Read the FAQs, Listen to the recording of the conference call, Extension of the public comment period.
Consumer Financial Protection Bureau (CFPB), Interim Final Rule Published: On October 23, 2013 CFPB published an Interim rule affecting Housing Counseling. This rule amends provisions in Regulation Z and final rules issued by the CFPB in 2013, which, among other things, required that consumers receive counseling before obtaining high-cost mortgages and that servicers provide periodic account statements and rate adjustment notices to mortgage borrowers, as well as engage in early intervention when borrowers become delinquent. Read the interim rule.
HUD Awards $40 Million in Housing Counseling Grants: As part of its continuing effort to assist families and individuals with their housing needs and to prevent future foreclosures, HUD announced on 06/18/13 more than $40 million in housing counseling grants to 334 national, regional and local organizations. As a result of these grants and the additional funding they help leverage, more than 1.6 million households will have a greater opportunity to find housing, make more informed housing choices or keep their current homes. Read the entire press release. Also read the list of all counseling agencies awarded funding and the Summary of each grant, organized by state
Housing Counseling Handbook 7610.1 Rev-5: This handbook specifies the most current legislative & programmatic requirements for the implementation of HUD's Housing Counseling Program & outlines requirements for program eligibility, approval, the delivery of comprehensive & HECM counseling services, program record keeping, reporting, performance monitoring, the competitive funding, & the grant application process. This handbook offers policy guidance & procedures for HUD staff & program participants to assist both audiences with effective program oversight. Read the handbook.