The next wave of servicing regulation is coming – Are you ready?

Join this webinar to learn what servicers need to know about recent and upcoming servicing compliance regulations and strategies experts are implementing to prepare for servicing regulatory audits.

In a purchase market, rookie LOs may struggle

Rookie LOs in 2020 could ride the refi wave and rack up a hefty monthly paycheck without Herculean effort. But these days, they'll have to sing for their supper.

Logan Mohtashami on trends in forbearance exits

In this episode of HousingWire Daily, Logan Mohtashami discusses several hot topics in the housing market, including recent trends in forbearance exits and future homebuyer demand in the midst of inventory shortages.

Natural disasters and forbearance: What borrowers and mortgage servicers need to know

With a rise in natural disasters, including wildfires, hurricanes, floods, tornadoes and mudslides. The mortgage industry needs to be proactive in examining programs to help borrowers recover.

Mortgage

ItÕ official: Ben Carson confirmed as HUD secretary

Wins majority vote Thursday morning

Ben Carson is now officially confirmed as secretary of the Department of Housing and Urban Development, following the Senate vote (58-41) Thursday morning.

The approval locks in one of the few remaining cabinet members left to be approved.

The Senate floor voted the day before on the motion to invoke cloture on the nomination of Carson, passing the vote 62-37. The significant majority vote gave Carson a likely green light to be confirmed on Thursday.

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.

Carson managed to receive support from both sides of the isle, even winning the approval of Sen. Sherrod Brown, D-Ohio, ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

Carson accepted President Donald Trump’s offer to become the next secretary of the U.S. Department of Housing and Urban Development back in December 2016.

For HousingWire readers, this news wasn’t surprising since we exclusively reported Carson’s intention to accept the nomination a week earlier.

“I am thrilled to nominate Dr. Ben Carson as our next Secretary of the U.S. Department of Housing and Urban Development,” Trump said at the time. “Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities.”

 

Most Popular Articles

These are the hottest housing markets in America

A housing market report from RE/MAX found that 36 of 51 metro areas had double-digit year over year sale price increases in August. Boise led the way.

Sep 17, 2021 By

Latest Articles

Forbearance numbers fall as borrower exits remain high

Servicers’ forbearance portfolio volume fell once again last week, as exits remained elevated compared to requests or re-entries. It fell 8 bps to 3.00%.

Sep 20, 2021 By
3d rendering of a row of luxury townhouses along a street

Log In

Forgot Password?

Don't have an account? Please