The Federal Housing Administration is on the brink of the next big government bailout. Potentially. Yet Commissioner Carol Galante insists there is strength ahead.
In this year’s Influential Women special section, we talk with 30 women leaders helping to shape the housing sector. Here, we feature Carol Galante with the Federal Housing Administration.
The “architect” of the Home Affordable Modification Program, the most ambitious and one of the most maligned government initiatives to combat the foreclosure crisis, is certainly influential. Read more about Laurie Maggiano.
Is it time for new institutional money to enter the housing market? Nonbank ventures, especially, are poised to take mortgage market share from the nation’s big banks.
The residential mortgage industry needs to recognize the difference between performing loan servicers and default management specialists — much like the commercial mortgage industry did more than a decade ago.