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Secretary Fudge Blames HUD for Housing Inequality

April 23, 2021
Maria Volkova
The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.
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HUD Moves to Restore 2013 Disparate-Impact Theory

April 23, 2021
Maria Volkova
The return of the Obama-era rule would acknowledge that there is no room for discrimination in housing.
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VA Sends COVID-19 Partial Payment Program for Review

April 23, 2021
Maria Volkova
If the proposed COVID-19 partial claim payment program is implemented, veterans who use it could see a substantial rise in their monthly payment, according to industry trade groups.
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All Aboard, the Next Stop for Genworth MI is an IPO

April 23, 2021
Maria Volkova
The IPO news comes less than two weeks after Genworth nixed its years-long merger agreement with China Oceanwide Holdings Group.
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Loans in Forbearance Decline for Seventh Straight Week

April 23, 2021
Maria Volkova
According to Black Knight, 435,000 loans in COVID-19 forbearance will expire in May and a whopping 890,000 in June.
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Effectual Wins $140M Cloud Services Contract with Ginnie

April 23, 2021
Maria Volkova
The New Jersey-based company will help modernize Ginnie Mae’s platform to provide enhanced security, monitoring and service delivery across its entire application portfolio.
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Industry Weighs In on FHA Holding Back MIP Cut

April 9, 2021
Maria Volkova
Most industry watchers expect the FHA to lower insurance premiums some-time during Biden’s presidency. It’s just a matter of when.
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Former HUD Director Settles Conflict of Interest Claim

April 9, 2021
Maria Volkova
A former HUD official has agreed to pay $25,000 to settle allegations that, while still employed at the department, he negotiated future employment with a lender that does business with HUD.
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Genworth Throws in the Towel on Oceanwide Merger

April 9, 2021
Maria Volkova
With its acquisition by China’s Oceanwide falling apart, the private mortgage insurer will now play the IPO field.
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One Year On, Forbearance Decreases Across the Board

April 9, 2021
Maria Volkova
A year into the pandemic, the number of mortgage borrowers in COVID-19-related forbearance continues to decline.
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