Journal

The Department of Housing and Urban Development announced Thursday that it was awarding more than $1.5 billion in aid to help Puerto Rico recover from the damages wrought by Hurricanes Irma and Maria last year. HUD Deputy Secretary Pamela Hughes ...

The Federal Housing Finance Agency recently released a Request for Input seeking feedback about the possibility of changing the credit scores the GSEs requires lenders to use to evaluate borrowers. According to the FHFA’s press release, “The Enterprises currently use ...

Janet Yellen oversaw her final meeting of the Federal Reserve’s Federal Open Market Committee (FOMC) Wednesday afternoon, with the Committee holding fast on interest rates and revising their projections on expected inflation. “Gains in employment, household spending, and business fixed ...

In a split decision, a Washington appeals court has reversed a previous ruling, declaring the structure of the Consumer Financial Protection Bureau to be constitutional after all. The Court of Appeals for the District of Columbia Circuit ruled Wednesday that the ...

A recent opinion in the Massachusetts Supreme Judicial Court clarified a sticking point regarding a mortgagee’s right to foreclose, in spite of some unclear wording in the original mortgage paperwork. The case was brought against James B. Nutter Company by ...

With the continuing rise in home prices nationwide, there are still plenty of opportunities in the single-family rental (SFR) market for the shrewd investor. According to HouseCanary’s Q4 2017 Rental Investment Index, some of the best hidden gems can be ...

It’s been a decade since the housing bubble collapsed, sending shockwaves through the mortgage industry and creating economic impacts that are still being felt throughout the nation to varying degrees. In its December 2017 issue, DS News spoke to several ...

Pennsylvania Secretary of Banking and Securities Robin L. Wiessmanntoday highlighted the benefits of Act 81 of 2017, which authorizes the Department of Banking and Securities to license and examine non-bank mortgage servicers to help ensure the rights of homeowners are protected. ...

IndiSoft, a Columbia, Maryland-based technology development firm that specializes in systems for the financial services industry, has appointed Kenneth M. Goins, Jr. as the company’s CFO.  Goins, working closely with IndiSoft’s CEO, Sanjeev Dahiwadkar, will focus on accelerating growth, operational ...

Dover, Delaware, must have been doing something right in November 2017—it led the nation that month when it came to growth in home prices. With an estimated population of 37,786 according to 2016 Census numbers, the capital of The First ...