On Monday, the ""Federal Housing Administration"":http://portal.hud.gov/portal/page/portal/HUD/federal_housing_administration (FHA) announced new rules to further reduce and better manage [IMAGE] counterparty risks to its insurance funds. These regulations will increase the net worth...
Read More »Search Results for: insurance
Sharp Equity Offers Title Insurance for Arizona Trustee Sales
Phoenix-based ""Sharp Equity"":http://www.sharpequityhomes.com has begun offering title insurance for foreclosed homes purchased at trustee auctions in Arizona. The company says it's the first in the state to do so, and...
Read More »FHA Pulls Approval from Two Mortgage Lenders
...Houston, Texas. [IMAGE] The actions prevent the two lenders from originating and underwriting new FHA-insured mortgages or from participating in the FHA single family insurance program. HUD's Mortgagee Review Board...
Read More »TARP Repayments Reach $181 Billion
...collected full repayment on Troubled Asset Relief Program (TARP) money given to insurance and investment firm ""Hartford Financial Services Group, Inc."":http://www.thehartford.com in the sum of $3.4 billion, as well as...
Read More »Mortgage Investors Outline Steps to Restore Securitization Market
...investments of pension funds, insurance companies, and others. ""It is important for the government to consider the policy recommendations of investors, whose participation and capital are needed for there to...
Read More »Credit Reporting Agency Offers Access to FHA TOTAL Scorecard
...was interested in developing its own scorecard for a number of reasons. The TOTAL Scorecard ensures that applicants for FHA loan insurance are evaluated by the same scoring process regardless...
Read More »Deterioration in Commercial Property Sector is Slowing: MBA
...trade group’s researchers also noted in their report that commercial mortgage delinquency rates continued to increase for most investor groups in the fourth quarter, the one exception being life insurance...
Read More »Regulators Fret over CRE Concentrations, but Banks Looking to Modify
...an increase in problem banks, an increase in bank failures, loss of jobs, loss of incomes, loss to communities, loss to the deposit insurance fund, and higher costs for all...
Read More »ZC Sterling Changes Name to Sterling National Corporation
...Sterling National Insurance Agency, Sterling Property Tax Solutions, Inc., Sterling National Enterprises LLC, and Westwood Insurance Agency, Inc. Sterling National Corporation provides hazard insurance and outsourcing services, voluntary homeowners insurance,...
Read More »Regulator Seizes Ambac’s Subprime Assets
The ""Wisconsin Office of the Commissioner of Insurance"":http://oci.wi.gov has taken control of mortgage bond insurer ""Ambac Assurance Corp.'s"":http://www.ambac.com/Press/032510.html ""most troubled holdings,"" as the insurance commissioner phrased it. [IMAGE] The commandeering...
Read More »