Titan Lenders Corporation has announced that it is now providing mortgage processing and underwriting services, and has also announced the hiring of underwriting expert and mortgage industry veteran Jan Conner to manage its new service offering. Comprehensive regulatory scrutiny extending from … [Read more...]
LPS Extends Its Streamlined Settlement Program Supporting HARP 2.0
February 28, 2012 by
Lender Processing Services Inc. (LPS) has announced that its LSI Title Division is extending its Streamlined Settlement solution to help lenders meet the Home Affordable Refinance Program (HARP) 2.0 agency program guidelines. See the original post: LPS Extends Its Streamlined Settlement Program … [Read more...]
HUD Charges Bank of America With Discrimination Against Disabled Homebuyers
February 27, 2012 by
The U.S. Department of Housing & Urban Development (HUD) is charging Bank of America with discriminating against homebuyers with disabilities See original article: HUD Charges Bank of America With Discrimination Against Disabled Homebuyers … [Read more...]
Maryland Man Nabbed in $2.2 Million Mortgage Fraud Scam
February 24, 2012 by
Thomas E. Green of Ocean City, Md. has pled guilty to fraudulently securing nearly $2.2 million in loans to purchase five properties in Cape Charles, Va. Neil H Read More: Maryland Man Nabbed in $2.2 Million Mortgage Fraud Scam … [Read more...]
Gateway Mortgage Adds Molly Reed Davis as Chief of Compliance
February 23, 2012 by
Gateway Mortgage Group has announced that Molly Reed Davis has been named chief credit and compliance officer where she is responsible for overseeing all compliance policies and procedures as well as managing credit relationships for the company. Davis has more than 25 years of senior level … [Read more...]
Appraisal Management Firm MountainSeed Names Nathan Brown Head of Compliance
February 22, 2012 by
MountainSeed Appraisal Management has announced that Nathan C. Brown has joined the company as its chief legal officer and senior compliance manager. Brown brings a substantial wealth of knowledge garnered through years of experience in advising clients through complex financial transactions to … [Read more...]
National Flood Insurance Program Extension Gets Bipartisan Support
February 14, 2012 by
Sens. Read More: National Flood Insurance Program Extension Gets Bipartisan Support … [Read more...]
HUD Submits 2013 Fiscal Year Budget to Breathe Life Into Nation’s Housing Market
February 13, 2012 by
U.S. Housing & Urban Development (HUD) Secretary Shaun Donovan has unveiled HUD's fiscal year 2013 budget proposal. Titled " Housing and Communities Built to Last ," the budget reflects the President’s vision of an America that can draw strength from its vibrant communities and momentum from a … [Read more...]
Carrington Reaches Settlement With American Home Mortgage Servicing
February 10, 2012 by
Carrington Capital Management LLC, a subsidiary of Carrington Holding Company LLC, and American Home Mortgage Servicing Inc. (AHMSI) have announced that they have entered into an agreement that brings to a close the action filed by Carrington against AHMSI in 2009 and resolves the disputes reflected … [Read more...]
New FHA Program Seeks to Speed Approval Process of Low-Income Housing Tax Credits
February 10, 2012 by
The Federal Housing Administration (FHA) has unveiled a new pilot program to test an accelerated approval process for the purchase or refinancing of multi-family rental properties assisted through the Low-Income Housing Tax Credit (LIHTC) Program. In launching this pilot program in Chicago, Detroit, … [Read more...]