Looking back, the housing industry is totally Scrooged

Looking back, the housing industry is totally Scrooged

Here's the HousingWire/Star Wars Christmas 2014 special

FHA loans could face "tidal wave of defaults"

All indices hit series high

Another mortgage lender launches 3% down loan

Falls in line with FHFA
W S

Items Tagged with 'Department of Housing and Urban Development'

ARTICLES

18 Senators, mortgage bankers tell HUD: Time to lower FHA premiums

Letters cite health of MMIF as reason for lowering fees
Ben Lane
A group of 18 U.S. Senators and the Mortgage Bankers Association both sent letters to the U.S. Department of Housing and Urban Development on Thursday, stating that the time has come for the Federal Housing Administration to lower its mortgage insurance premiums.
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Congressional budget bill kills HUD homeowner assistance program

HAWK program designed to offer savings on FHA-insured loans
Ben Lane
One of the most ballyhooed features of the FHA’s plan to help ease credit availability is not going to happen, thanks to budgetary wrangling in Congress. The HAWK program is no more.
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Treasury announces HAMP changes

1 million homeowners eligible for new HAMP benefits
Ben Lane
Under the modified HAMP guidelines, announced Thursday in a joint statement by the U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development, all homeowners in the HAMP program will now be eligible to earn an additional $5,000 in the sixth year of their modification.
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What immigration reform means for housing

Growth potential among immigrants is substantial
Kristin Messerli
With the recent announcement of President Obama’s Executive Order on immigration reform, responses from both sides of the political spectrum have been mixed. However, the reform can be expected to spur new opportunities for growth in the housing market.
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CFPB: Don’t discriminate against borrowers on Social Security disability

Issues warning to lenders
Ben Lane
The Consumer Financial Protection Bureau issued a warning to lenders, ordering them not to discriminate against borrowers who are receiving Social Security disability income.
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Wells Fargo, DOJ losing “optimism” for lawsuit settlement

Wells Fargo lawyer says litigation may continue
Ben Lane
A settlement between Wells Fargo and the U.S. Department of Justice over claims that Wells Fargo misled the U.S. Department of Housing and Urban Development into believing its loans qualified for insurance from HUD's Federal Housing Administration has hit another snag.
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DOJ investigating PrimeLending for FHA loan violations

False Claims Act violations on FHA-insured loans at heart of investigation
Ben Lane
Dallas-based PrimeLending is the subject of a U.S. Department of Justice investigation into whether the lender violated the False Claims Act on loans insured by the Federal Housing Administration.
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HUD fines Cincinnati landlord for failure to disclose lead paint

Meyer Management fined, ordered to conduct lead abatement
Ben Lane
According to the federal government, Meyer Management violated the Federal Residential Lead-Based Paint Hazard Reduction Act by failing to inform tenants that their homes may contain “potentially dangerous” levels of lead.
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It's official: Risk retention rule approved

Federal Reserve gives last and final approval
Brena Swanson
The final version of the risk retention rule is now officially approved by six federal agencies, following the Federal Reserve’s final approval on Wednesday. The rule contains an exemption for Qualified Mortgages similar to when the rule was proposed in 2013.
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HUD grants $38.3 million to fight housing discrimination

Funding provided to more than 100 organizations in 43 states
Ben Lane
“Ending housing discrimination is at the core of HUD’s mission and it takes dedicated people on the ground to address it,” said HUD Secretary Julián Castro. “These funds support community-based organizations that do great work every day on the front lines in the fight for fairness and equality in our nation’s housing market.”
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