The Federal Housing Finance Agency’s Inspector General released a memo listing four crucial challenges she believes the agency faces in its role as regulator over Fannie Mae and Freddie Mac.
Read More »HUD Official Suzanne Tufts Resigns
HUD Assistant Secretary Suzanne Tufts has resigned from her position as of this afternoon. She has been rumored to be under consideration as a candidate for a top watchdog position at the Interior Department.
Read More »Transforming Toxic Properties into Affordable Housing
An upcoming report details strategies for rehabilitating zombie homes in the South Jersey area and simultaneously creating more residential housing. What these strategies look like, and what efforts will have to be taken, are outlined here.
Read More »Growth Anticipated Despite Housing Shortage
A report predicting growth in the housing market through 2019 has been released. Find out how inventory shortages, interest rates, and trade tensions are expected to affect the industry.
Read More »Bankruptcy & Housing: Into the Labyrinth
On Wednesday, a webinar discussed the latest cases and rules in bankruptcy that impact housing. Click through to learn what the expert panel had to say about these updates.
Read More »Nomura Settles RMBS Suit With DoJ
Nomura, the Tokyo-based bank, is the last in a string of financial institutions to settle with the Department of Justice for fraudulent activities involving selling mortgage-backed securities leading up to the Great Recession of 2008.
Read More »Are Inventory Woes Impacting Rental Prices?
A new report shows how much rent prices for single-family homes have changed over the last year. See how favorable economic factors, as well as natural disasters, have affected inventory and pricing.
Read More »Pretium Capitalizes on Mortgage Servicing With Selene Acquisition
Pretium Partners, which has close to $10 billion in assets under management, has reached an agreement to purchase Selene Holdings. How will the acquisition complement both major players in the housing industry? Holdings.
Read More »Northpointe Bank Hires Kate Higgins
Kate Higgins joins Northpointe Bank as a Senior Loan Officer, working with their loan team in Denver, Colorado. Kate Higgins comes from Unibell Financial, Inc., where she worked as a residential mortgage broker, handling both forward and reverse mortgages with access to multiple lenders. Northpointe Banke is a member of the FDIC and an Equal Housing Lender.
Read More »Pat Downing Joins FirstClose
FirstClose, which provides software solutions for mortgage lenders, welcomes Pat Downing as their new CTO. Downing’s chief role with FirstClose will be overseeing development of all technical efforts. In addition to his experience in technology operations, infrastructure, development, and customer support, Downing has overseen global team-building, budget creation, budget management, and the alignment of technology with business needs.
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