The U.S. Treasury and the Department of Housing and Urban Development released their January Housing Scorecard, which collects key housing-market indicators and highlights of the Administration’s recovery efforts. The scorecard shows increases in new and existing home sales, record high affordability, and improved homeowner assistance through the Federal Housing Administration and the Home Affordable Modification Program. HUD assistant secretary, Raphael Bostic, said the Administration’s efforts to provide mortgage assistance to struggling homeowners and promote stability in the market have resulted in improved conditions but the market remains fragile, as prices are unsettled. More here.