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The Department of Housing and Urban Development is coming under pressure from House Republicans to issue a policy that would ban the Federal Housing Administration from refinancing any loans that have been seized by a county via eminent domain.
May 17 -
On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included fraudulently collecting upfront fees for loan modification services.
May 16
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As a result of the new qualified mortgage rule from the Consumer Financial Protection Bureau, nearly half (44%) of credit unions in a survey indicated they will cease originations of non-qualified mortgages, while another 44% will reduce originations.
May 16 -
The Federal Savings Bank, which is owned and operated by military veterans, has opened its Northeast flagship loan production office in Manhattan.
May 16 -
News about the flood-tested endurance of a structure in the Chicago area is music to the ears of everyone who has witnessed any of the super storms that keep hitting our shores.
May 16 -
When it comes to counseling consumers on their financial health, home buying or home retention, an effective client management system can help with that process that takes place following an initial counseling session.
May 16
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Concordia Bank & Trust, with assistance from the Federal Home Loan Bank of Dallas, has provided a SNAP grant to a Mississippi senior citizen who needed a new roof for her home that was built more than 130 years ago.
May 16 -
A study suggests the prospect of 2.1 million additional homeowners by 2020 should be a plausible reason for legislators to work harder on a comprehensive benchmark immigration reform.
May 16 -
A commercial real estate market recovery combined with fresh demand for apartments and office properties continue to push commercial property price indices up and commercial mortgage-backed securities default rates down.
May 16 -
A temporary worker for PHH Corp. potentially gained access to employees' personal information, including Social Security numbers and dates of birth.
May 16



