The acting commissioner for the Federal Housing Administration fended off continuing concerns about the agency’s fiscal solvency Tuesday during testimony to the House Financial Services Committee. Visit link: Lawmaker: Is the FHA Broke? … [Read more...]
FBC Strikes Agreement with Department of Justice
February 28, 2012 by
The U.S. Department of Justice (DOJ) has reached a deal with Flagstar Bancorp, Inc. (FBC). Continue Reading: FBC Strikes Agreement with Department of Justice … [Read more...]
Mother Nature Runs Up Record Tab on the Housing Market
December 16, 2011 by
CoreLogic has released its first ever Natural Hazard Risk Summary and Analysis detailing the record-breaking natural disasters that struck the United States in 2011. Click to continue Read More: Mother Nature Runs Up Record Tab on the Housing Market … [Read more...]
Largest New York Foreclosure Mill Forced to Pay $2 Million for Misuse of MERS
October 7, 2011 by
Preet Bharara, U.S. Attorney for the Southern District of New York, has announced today that the United States has entered into an agreement with the law firm of Steven J. Baum PC, one of the largest volume mortgage foreclosure firms in New York State, that requires the firm to pay $2 million to … [Read more...]