Nancy Detert, a Florida mortgage broker running for Congress, finished second in the Republican primary for the state's 13th Congressional District.According to unofficial returns provided by the Florida Department of State's Division of Elections, Ms. Detert received 15,784 votes, or 24.4% of the total, finishing behind Vern Buchanan, who received 20,903 votes (32.3%), and ahead of Tramm Hudson, who received 15,522 (24.0%) in the five-person primary. The seat she sought is being vacated by Rep. Katherine Harris, R-Fla., who is running for the U.S. Senate. Ms. Detert is the founder and owner of Osprey Mortgage Co., Venice, Fla., and a member of Florida's House of Representatives.
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The servicer will pay $4.5 million in remediation to affected homeowners for incorrectly imposing force-placed insurance on thousands of borrowers.
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The trade group supports a narrow rewrite of the agency's manufactured home definition but it wants FHA valuation projections before lenders can scale.
August 12 -
Pending home sales, a real-time indicator of homebuying demand, dropped 2.5% to their lowest level since December, according to Redfin's latest report.
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Mortgage production declined overall in July from activity earlier this summer amid growing rate volatility, according to two new originations reports.
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Long Island-based Dime Commercial Bancshares, which continues to transform itself from a thrift into a commercial bank, is eyeing additional expansion in the Garden State.
August 12 -
In the latest round of posturing between the one-time merger partners, Two Harbors said the filing was part of a "familiar refrain" by UWM to blame others.
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