Here's how to handle electronic delivery of mortgage disclosures

Fannie Mae picks non-profit for first small sale of non-performing loans

Completes first “Community Impact Pool” sale

The do’s and don’ts of good credit for Millennials

Here's how to build you score
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Lending

Exec at center of first TARP bank failure gets 8 years in prison

Fraud scheme cost taxpayers more than $300 million
The bank executive at the center of one of the largest bank failures in recent years will spend the next 8 years in prison for his part in a scheme that cost the American taxpayers more than $300 million. Here's the tale of Ebrahim Shabudin and United Commercial Bank.
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International buyers pump $8.32B into Texas housing

Naturalized U.S. citizens want Texas houses
Texas home sales purchased by international homebuyers added $8.32 billion to the state’s economy between April 2014 and March 2015. What’s noteworthy is that the demographic pull of buyers is starting to veer away from the usual trends.
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For sale: Babe Ruth’s NYC apartment

The Great Bambino’s home hits market for $1.6M
Interested in owning a little piece of New York Yankees’ history? Well, you’re in luck because you can buy the New York apartment built and once owned by Babe Ruth. The price tag for the “home that Ruth Built” on the Upper West Side? $1.595 million.
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HUD proposes new rules for FHA loans

Restores stipulation that lenders must certify they weren’t disciplined by government
Answering questions raised by, amongst others, leading Democrats in the House and Senate, Department of Housing and Urban Development released a revision to its previously announced changes to the rules for lenders that remit loans to the Federal Housing Administration. Click here to read about how the FHA's rules are about to change.
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