The latest economic and policy trends facing mortgage servicers

Join this webinar for an in-depth roundtable discussion on economic and policy trends impacting servicers as well as a look ahead at strategies servicers should employ in the next year.

2021 RealTrends Brokerage Compensation Report

For the study, RealTrends surveyed all the firms on the 2021 RealTrends 500 and Nation’s Best rankings, asking for annual compensation data for the 2020 calendar year.

Steve Murray on the importance of protecting property rights

In this episode, Steve Murray, RealTrends advisor and industry stalwart, discusses some of the issues facing private property rights, including how a case in Germany could potentially affect U.S. legislation.

Lenders, it’s time to consider offering non-QM products

The non-QM market is making a comeback following a pause in 2020. As lenders rush to implement, Angel Oak is helping them adopt these new lending products.

Mortgage

Senate set to vote on confirmation of Ben Carson as HUD secretary

Sen. Warren flips vote

The Senate floor is set to vote on the nomination of Ben Carson as secretary of the Department of Housing and Urban Development on Thursday, following a Senate vote (62-37) Wednesday morning.

Despite a controversial start to his nomination, it turned out to be all bark and no bite as his hearing went fairly smooth. 

The former neurosurgeon passed through the Committee On Banking, Housing, and Urban Affairs with a unanimous vote of approval on Jan. 24 and is finally making its way to the Senate floor, becoming one of few remaining cabinet picks to be confirmed.

However, while Carson received unanimous approval by the Senate banking Committee, with even Sen. Sherrod Brown, D-Ohio, ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, approving his nomination, the tides have changed since.

Even though Sen. Elizabeth Warren, D-Mass., was one of the only Senators to bring more of a fight to Carson’s confirmation hearing, to no surprise, she still voted yes on his nomination.  

But by the time it came to bringing his nomination before the Senate floor, Warren flipped her vote on the motion to invoke cloture on the nomination of Carson.

Carson still managed to secure 62 votes on Wednesday, making his odds for final confirmation on Thursday likely.

Check back here Thursday morning for full coverage of his confirmation. 

Latest Articles

New home sales rise for second consecutive month

Regionally, on a year-to-date basis, new home sales fell 1.0% in the Northeast and 2.3% in the West, but rose 4.4% in the Midwest and 4.5% in the South.

Sep 24, 2021 By
3d rendering of a row of luxury townhouses along a street

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