HUD ANNOUNCES $1.2 MILLION SETTLEMENT WITH U.S. BANK

WASHINGTON, DC – May 23, 2011 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) today announced a settlement with Minneapolis-based U.S. Bank, National Association, the Federal Housing Administration’s (FHA) 8th largest mortgage lender.


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U.S. Department of Housing and Urban Development (HUD) is the nation’s housing agency committed to increasing homeownership, particularly among minorities; creating affordable housing opportunities for low-income Americans; and supporting the homeless, elderly, people with disabilities and people living with AIDS. The Department also promotes economic and community development, and enforces the nation’s fair housing laws.

Contact:

Brian Sullivan
(202) 708-0685

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