New Hampshire Man Found Guilty of VA Loan Fraud December 29, 2021 Monica Hogan Evidence at trial showed the defendant used fraudulent means to apply for roughly $8 million in loans...Read More
In Counterclaim, Equity Prime Levies Allegations Against Carrington December 29, 2021 Paul Muolo Equity Prime's lawyers are going to be busy in the new year...Read More
The Debt Wheel Keeps Spinning for Mortgage Firms December 29, 2021 Paul Muolo The cost of money, however, for these lenders is starting to inch up. Then again, not everyone can borrow as cheaply as Rocket Companies...Read More
FHFA Continues to Focus on Appraisal Bias December 29, 2021 Dennis Hollier The centerpiece of a new report is a list of 18 specific examples, some of which are outright illegal.Read More
Aurora Remains Confident in Better.com. However… December 28, 2021 Paul Muolo In the first paragraph of the new 8-K, AAC told its shareholders Better founder and CEO Vishal Garg is presently taking a “break to reflect and refocus”...Read More
FHFA Sets GSE Housing Goals for Coming Years December 23, 2021 Dennis Hollier The single-family goals didn't change from the FHFA's initial proposal while the multifamily goals will be limited to 2022 due to industry concerns.Read More
Rice Park and Hunter Street Close Deal for Fix-and-Flip Funder December 22, 2021 Paul Muolo As Christmas approaches, fix-and-flip originators are flying off the shelves...Read More
FHA’s Regulatory Workload Remains Significant in 2022 December 22, 2021 Monica Hogan A spokesperson said HUD is assessing feedback on its proposal for a combination 40-year loan mod...Read More
Inspector General Recommends CFPB Overhaul Nonbank Examinations December 21, 2021 Sam Manas The IG pinpointed four specific problem areas for the supervision...Read More
Still No. 1 in Reverse Mortgage Lending: California December 21, 2021 Monica Hogan The second largest HECM state? Answer: Colorado...Read More