Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
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Items Tagged with 'HUD'

ARTICLES

New home sales stall out in January, falling 0.2%

Down trend continues for housing as 2015 unfolds
Trey Garrison
The bad news for the housing industry just keeps on coming. New home sales stalled out in January. Here's what happened.
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Does the housing finance industry have a short memory?

Congressional Republicans, securitizers nod in agreement
Trey Garrison
Some people on both the government side and the investment side are starting to wonder whether housing finance is heading down a path that takes it back to 2006. Here's what they're saying.
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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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HUD's Castro grilled on FHA premiums, capital strength

Hensarling: "You are in violation of the law"
Brena Swanson
The Committee on Financial Services grilled the Secretary for the U.S. Department of Housing and Urban Development Julian Castro Wednesday morning to unveil the status of the housing regulator. And while there were members that supported the work, it quickly turned into a heated interrogation on the potential threat and impact to the America taxpayer.
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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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GAO: Rampant misconduct among senior HUD officials ran deep

House subcommittee hears evidence of violations, cover-up attempts
Trey Garrison
There have been serious violations of ethical, lobbying and hiring violations at the Department of Housing & Urban Development, and senior HUD officials have been involved in efforts to cover it up. Here’s what investigators have to say.
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House investigating allegations of legal, ethical wrongdoing at HUD

Senior housing officials accused of hiring, lobbying violations
Trey Garrison
Allegations that senior HUD officials violated federal law and obstructed investigators’ efforts to uncover potential wrongdoing are on the plate in Congress tomorrow. Here’s the scoop.
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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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On Julián Castro: I’m not sure there’s any there there

One thing's for sure, he could step into Biden’s shoes
Trey Garrison
After watching him on the Daily Show, you realize Julián Castro may not be the HUD secretary housing needs, but he's the one the country deserves.
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WATCH: Famous televangelist gives terrible reverse mortgage advice

Let's clear this up for Maria
Jacob Gaffney
In Pat Robertson’s world, there is only one kind of reverse mortgage and that is the Home Equity Conversion Mortgage from the Federal Housing Administration. And, he knows little about it. Nonetheless, he goes right ahead and fires away.
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