Tag Archives: HUD

The settlement stems from Wells Fargo’s participation in the Direct Endorsement Lender program, a federal program administered by the Federal Housing Administration. It is the largest recovery for loan origination violations in FHA history.

Three weeks ago, the GSEs announced their first contribution to the NHTF after more than a seven-year suspension. The contribution was not without controversy, however.

Hensarling and Shelby said campaigns that criticize the open and competitive NPL sales process are “based on a false notion that doing so is somehow contrary to the goal of ‘neighborhood stabilization.’”

The FHA hopes this added clarity will appease banks and large lenders that have pulled out of the FHA loan program or implemented harsher credit standards fearing lawsuits and penalties over troubled loans.

The Making Home Affordable program is beginning to wind down; how successful has the program been at helping homeowners avoid foreclosure and remain in their homes?

Patrick Nackley, Director of Marketing and Business Development at Superior Home Services sat down with DS News to explain how the new HUD advisement will affect servicers' businesses and what they can do to adjust and comply with the changes.

“A safe, stable home is the foundation for opportunity in all of our lives,” according to HUD Secretary Julián Castro.

HUD Secretary Julián Castro continues the tour to promote the Department's compilation of online resources aimed at helping community leaders find affordable housing and economic opportunities for residents.

A group of 45 members of the U.S. House of Representatives have asked housing regulators to make improvements to the way the government handles the sales of non-performing loans. What did they request?

The HUD Secretary told Congress on Tuesday that 85 percent of the Department's budget would go solely toward renewing rental assistance for nearly 5.5 million households.