Tag Archives: FHA

Both nominations are expected to pass the hearings, after which they will still need to be voted on by the full Senate.

When it comes to moving REOs back into the marketplace, the Federal Housing Administration's Claims Without Conveyance of Title program is crucial. However, delving into the complexities of the program can be daunting, which is why we turned to two experts in the space, Altisource's SVP of Real Estate Services Min Alexander and Director of Real Estate Auction Services James Harp.

On Wednesday the FHA released its Annual Report to Congress reporting the economic condition of its mortgage insurance fund—stirring reactions about the future of the agency and homeownership.

Thursday morning, the Senate Committee on Banking, Housing, and Urban Affairs stated the next steps regarding the confirmation of Brian Montgomery to lead the Federal Housing Administration.

By Ed Delgado, President & CEO, Five Star Institute Today, the eyes of the industry will be on Capitol Hill as Brian D. Montgomery fields questions from the Senate Committee on Banking, Housing, and Urban Affairs pertaining to his nomination ...

Altisource recently released its inaugural Default Servicing Survey, which pooled over 200 servicing professionals, which showed that industry experts believed that FHA and VA loans in their respective portfolios would increase in the coming year.

DS News sat down with John Vella, Chief Revenue Officer at Altisource Portfolio Solutions, to talk about compliance with Federal Housing Administration loans, delinquency risks, and more in this exclusive interview.

Beset by uncertainty in the housing market, the Home Equity Conversion Mortgage Program (HECM) is losing money and cannot continue on in its present form. To make the program viable, FHA announced numerous necessary changes to the HECM Program to ...

According to a new report, first-time homebuyers now make up 60 percent of all home purchases. On GSE loans, first-time buyers comprise 47 percent of loans, while on FHA loans, they account for 82 percent. The uptick is likely due to an improved economy, lower unemployment, rising income, and more new home construction

According to the City of Philadelphia, black borrowers of Wells Fargo loans were over twice as likely to receive high-cost or high-risk loans than white borrowers, while Hispanic borrowers were around twice as likely, and home in predominantly minority neighborhoods were 4.7 times more likely to be foreclosed. Two weeks before this case, the Supreme Court had ruled that Miami could sue Bank of America for predatory lending practices that allegedly increased segregation.