by admin | Dec 6, 2016 | Homeownership
By Brian Honea As initially reported by DS News, President-elect Donald Trump has been on-record that he favored Dr. Ben Carson as the next HUD Secretary. On Monday, CNN reported that this preference became official with Trump’s transition team announcing the...
by admin | Nov 22, 2016 | Homeownership
Mutual Mortgage Insurance Fund grows for 4th straight year By Ben Lane Earlier this year, some analysts predicted that the Federal Housing Administration would cut its mortgage insurance premiums, assuming that the FHA’s Mutual Mortgage Insurance Fund continued its...
by admin | Nov 7, 2016 | Homeownership
By CNBC Real Estate Reporter Diana Olick For an election supposedly based on the economy, housing policy has been not just conspicuously but egregiously absent from the rhetoric. In order to gauge which candidate would favor the U.S. housing market, one has to look at...
by admin | Aug 26, 2016 | Homeownership, Mortgages
Ocwen to pay $900,000; only use licensed entities to service Washington loans By Ben Lane Ocwen Financial will pay $900,000 to the state of Washington after an investigation conducted by the state found that Ocwen used unlicensed companies in India and the Philippines...
by admin | Oct 14, 2015 | Homeownership, Mortgages
By Brian Honea Another $186 million in compensation will be awarded to 1,461 service members and their co-borrowers over the unlawful foreclosure of their homes as part of the Department of Justice’s settlement with five of the nation’s largest mortgage...
by admin | Jul 7, 2015 | Homeownership, Mortgages
By Brian Honea Non-foreclosure solutions continued to outpace completed foreclosures by a rate of approximately five to one in April while serious delinquencies continued their steady decline, according to data released on Wednesday by HOPE NOW, an industry-created...