Did little-known Arizona law start the appraiser death clock?

Did little-known Arizona law start the appraiser death clock?

Gov. Ducey inadvertently hands a victory to AMCs

Costs up, profits down: Closing a mortgage gets more expensive

In just one quarter the profit dropped $153 per loan

Mortgage brokers: Update your stump speech on mortgage lending, Mr. President

NAMB says mortgage brokers have been at forefront of reform
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Items Tagged with 'Department of Housing and Urban Development'

ARTICLES

HUD returns control of Detroit Housing Commission

DHC was in federal receivership for nearly 10 years
Ben Lane
Citing "consistent accountability and progress," the U.S. Department of Housing and Urban Development is finally handing control of the Detroit Housing Commission back to local authorities, after nearly 10 years of federal control.
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Mr. Castro went to Washington…and it was pointless

Republicans batter HUD secretary with bluster but offer no solutions
Ben Lane
Maybe it was naïve of me, but I truly thought that a hearing titled, “The Future of Housing in America: Oversight of the Federal Housing Administration,” hosted by the House of Representatives Committee on Financial Services and featuring HUD Secretary Julián Castro would actually, you know, accomplish something…anything. But I was so incredibly wrong.
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Monday Morning Cup of Coffee: The 4 shifts needed to boost new home sales

Castro to face grilling by House committee; ABS Vegas preview
Ben Lane
What four things do builders and developers need to do to boost new home sales? What's expected at ABS Vegas this week? And what kind of reception will HUD Secretary Julián Castro receive from the House Financial Services Committee this week? Those answers and more contained herein.
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New FHA guidelines to delay reverse mortgage foreclosures

HECM spouses get to stay for longer
Ben Lane
The U.S. Department of Housing and Urban Development and the Federal Housing Administration announced changes to its reverse mortgage program designed to keep non-borrowing spouses during the foreclosure process.
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Moody’s: FHA premium cut will increase home sales by 45,000 this year

Provides a "meaningful boost" to housing economy
Ben Lane
According to the Moody’s report, the FHA premium cut will reach its maximum impact in mid-2016, when Moody’s Analytics’ model expects annualized home sales to increase by 100,000 as a result of the FHA cut, with 40,000 additional single-family housing starts in 2016 as well.
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WATCH: HUD Secretary Castro tells Daily Show FHA’s “trajectory” is strong

FHA’s reserve capital questioned by host Jon Stewart
Ben Lane
HUD Secretary Julián Castro continued his media tour Monday night, joining The Daily Show with Jon Stewart for a wide-ranging discussion touching on the recent announcement that FHA will cut its annual mortgage insurance premiums, whether the government has learned anything from the housing crisis and whether the FHA will need another bailout any time soon.
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Zillow plans event to “hack” housing

Offers $10,000 prize for creative solutions to jumpstart market
Ben Lane
Zillow is planning a weekend “hackathon” where developers will be challenged to invent the most innovative way to make it easier for buyers to find an affordable home. The prize for the most creative idea? $10,000.
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Castro: No further FHA fee reductions under consideration

HUD secretary gives first speech since FHA premium cut announcement
Ben Lane
Lest anyone think that last week’s announcement that the Federal Housing Administration will cut its annual mortgage insurance premiums was a harbinger of more cuts to FHA fees, HUD Secretary Julián Castro told a crowd in Washington, D.C. that no further FHA fee reductions are under consideration.
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Brooklyn co-op charged with discriminating against disabled veteran

HUD accuses Trump Village IV of denying use of emotional support dog
Ben Lane
A Brooklyn cooperative development is in hot water with the U.S. Department of Housing and Urban Development for refusing to allow a disabled veteran to keep an emotional support dog and threatening the veteran and his wife with eviction in retaliation for filing a fair housing complaint.
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Raphael Bostic elected to Freddie Mac board of governors

Former HUD assistant secretary for policy development and research
Ben Lane
Raphael Bostic, who served as assistant secretary for policy development and research at the U.S. Department of Housing and Urban Development from 2009 to 2012, has been named to the board of governors of Freddie Mac.
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