HUD Announces $157 Million to Address Housing-Related Hazards and Lead-Based Paint
The U.S. Department of Housing and Urban Development (HUD) announced the Capital Fund Housing-Related Hazards (HRH) & Lead-Based Paint (LBP) Capital Fund Notice of Funding Opportunity (NOFO) awards. The NOFO provides a total of
Dave Hershman: Just When You Thought It Was Safe
We always say that predicting the future is futile. This year is no exception. The analysts were expecting a recession sometime this year. It did not happen. They also expected interest rates to start
Nonprofit Fahe Selects MSP, Black Knight’s Loan Servicing System, to Support its Commitment to Regional Housing
-- Fahe (Federation of Appalachian Housing Enterprises), a nonprofit that serves the people and communities of Appalachia, has signed a contract for the MSP loan servicing system -- MSP is a comprehensive, end-to-end loan servicing
S&P CORELOGIC CASE-SHILLER INDEX POSITIVE MOMENTUM CONTINUES IN JUNE
S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for June 2023 show all 20 major metro markets
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 25, 2023. The Market Composite Index, a measure
CFPB Takes Action Against ACI Worldwide for Illegally Processing $2.3 Billion in Mortgage Payments that Homeowners Did Not Authorize
ACI will pay a $25 million penalty for data handling practices that negatively impacted nearly 500,000 homeowners whose mortgages were serviced by Mr. Cooper The Consumer Financial Protection Bureau (CFPB) issued an order against
Guild Mortgage Acquires First Centennial Mortgage
SAN DIEGO--(BUSINESS WIRE)--Guild Mortgage (NYSE: GHLD), a growth-oriented mortgage lending company originating and servicing residential loans since 1960, has acquired First Centennial Mortgage, a privately held residential mortgage lender headquartered in Illinois with branches predominantly located
Dave Hershman: The Great Wealth Transfer is Underway
According to TheStreet.com, the Baby Boomer generation owns about half of the nation’s $140 trillion in wealth. These numbers have escalated significantly over the past decade because of gains in the stock market and
Sticking the ‘Soft Landing’ Remains a Difficult Task
Housing Activity Outlook Likely to be Similar Regardless of Soft Landing or Mild Recession Recent economic data has pointed to a stronger economy than previously expected, but the current business cycle contours still point
Black Knight’s First Look at July Mortgage Performance Data: Foreclosure Inventory Hits Lowest Level in 15 Months, While Serious Delinquencies Continue to Decline
While the national delinquency rate edged up 9 basis points in July to 3.21%, it was down 12 basis points year over year and remains within 12 basis points of March's record low Meanwhile,