Tag: HUD
-
Reducing Losses on FHA Defaulted Loans
Servicing FHA Loans continues to be challenging and, in many instances, includes high losses on default liquidated loans. While FHA delinquencies have greatly improved compared to post crisis delinquency, there are still over 7.8 million outstanding FHA insured loans with delinquency rates that rose as high as 11.25 percent according to the FHA Single Family…
-
Pam Patenaude Sworn in as HUD Deputy Secretary – 1st CFPB Report on Struggling Adults
NAWRB is the Women’s and Small Business Validator: Collaboration, Influence, Access and Opportunities (#CIAO). To find out how you can get involved, contact NAWRB at (949) 559-9800 and info@www.nawrb.com or visit www.NAWRB.com.
-
Pam Patenaude Confirmed as HUD Deputy Secretary
The Senate has confirmed Pam Patenaude as Deputy Secretary of the Department of Housing and Urban Development (HUD). Patenaude was confirmed on Thursday, September 14th with a final vote of 80-17.
-
Newsletter: Women in Housing Video – Home Prices Up, Mortgage Rates Down – HUD Swears in Anna Maria Farías
NAWRB is the Women’s and Small Business Validator: Access, Opportunities, Influence and Collaboration. To find out how you can get involved, contact NAWRB at (949) 559-9800 and info@www.nawrb.com or visit www.NAWRB.com.
-
KCCD/FACE 16th Annual Homeownership Fair, July 8, 2017
The Korean Churches for Community Development (KCCD), soon to be Faith and Community Empowerment (FACE), 16th Annual Homeownership Fair will take place on Saturday, July 8, 2017. KCCD is excited to continue in educating and bringing together communities to meet with mortgage lenders, industry experts, and providing opportunities to purchase a home.
-
Trump Selects Ben Carson to Lead Housing and Urban Development
Donald Trump has officially chosen retired neurosurgeon Ben Carson as secretary of the Department of Housing and Urban Development (HUD). Carson’s appointment to lead the revitalization of American cities has been viewed by many as another case of the president-elect’s unconventional approach.
-
First Tennessee Bank Reaches Second Lending Settlement
In June 2015, First Tennessee Bank reached a $212.5 million settlement for knowingly underwriting and originating mortgage loans not complying with Federal Housing Administration (FHA) lending requirements. First Tennessee Bank recognized that from January 2006 to October 2008 it originated and underwrote mortgage loans insured by the FHA which did not satisfy the Department of…
-
Obama Administration Releases Rule to End Segregation in Housing
On Wednesday, the U.S. Department of Housing and Urban Development (HUD) released the Obama administration’s Affirmatively Furthering Fair Housing Rule, with the purpose of ending segregation in housing.
-
House Financial Services Committee to Question HUD Secretary Castro at Hearing
U.S. Department of Housing and Urban Development (HUD) Secretary Julian Castro is set to testify February 11 before the House Financial Services Committee. The Committee will propose questions about the financial status of the Federal Housing Administration (FHA), the recent announcement of the lowering of mortgage insurance premiums, and the condition of the Mutual Mortgage…