Paul Weech was named president and CEO of NeighborWorks America Wednesday by the board of directors. Chuck Weherwein, the current acting president and CEO, will return to his position as chief operating officer.
Revaluate is geared toward providing in-depth detail of apartments in New York City through a more interactive process. Using its map search tool, users can view apartments in specific areas of New York without having to pay fees for a broker.
AGScamHelp enables homeowners to search government-vetted companies, report scams and get tips on how to recognize signs of a foreclosure rescue scam. The NY AG brings the latest initiative to try to tackle the massive problem of such scams across the nation.
The U.S. Department of Justice reported a total of $24.7 billion in settlements for fraud and other cases in 2014. Approximately $11 billion came from settlements with JPMorgan Chase & Co. and Citigroup, along with $16.65 from Bank of America.
For anyone actively working in the mortgage industry, it’s no secret that reverse mortgages have taken a brutal hit in the last two years. The U.S. Department of Housing and Urban Development issued major program changes at the end of 2017 that effectively limited the amount of proceeds and the number of people who could qualify for the loan. The result had lenders across the space enduring sizable volume drops and subsequent gashes to their bottom lines.