HUD Reaches Settlement with PHH over FHA Rule Violations on Fees
HUD's settlement with PHH addresses alleged fees linked to mortgage payments, highlighting regulatory scrutiny and potential implications for private lenders.
CFPB reports over 400,000 mortgages potentially underinsured for flood risk.
The CFPB's report reveals that numerous mortgaged properties in the southeast and central southwest may lack adequate insurance coverage, posing risks for lenders.
Steps to Take for Wildfire Damage and Reverse Mortgages
Prompt action is crucial for homeowners facing wildfire damage. Experts advise contacting servicers immediately to discuss assistance options and resources.
California Wildfire Victims May Receive Up to 12 Months of Mortgage Forbearance
GSEs are providing crucial information regarding relief options for Los Angeles-area borrowers and renters affected by recent wildfires, ensuring support.
Redfin reduces workforce by laying off 46 employees.
Redfin reduces its workforce by 46 employees as part of ongoing adjustments to streamline operations in a competitive market landscape.
HUD Secretary Nominee Scott Turner Scheduled for Senate Confirmation Hearing
Scott Turner will face bipartisan questioning in his confirmation hearing, presenting an opportunity to outline his vision for leading the agency amid industry challenges.
December Jobs Report Exceeds Expectations
Explore how a rising unemployment rate contrasts with a robust job market, highlighting implications for private lenders and potential shifts in borrower behavior.
Transitioning from Retail to Over 100 Annual Closed Deals in Five Years
Discover how Chris Williams leveraged social media engagement to generate leads and build a successful 15-person team in Virginia Beach, transforming his business model.
John G. Stevens’ Insights on the Housing Crisis
Explore insights on the evolving housing crisis and its implications for private lenders as industry expert John G. Stevens shares his perspective.
Ally Financial discontinues its mortgage origination operations.
Ally Financial plans to exit the mortgage origination sector, shifting focus to higher-return investments. This strategic move signals changes in the lending landscape.