Former Department of Housing and Urban Development Secretary Andrew Cuomo revived his political career Tuesday with a victory in the New York State Democratic primary for attorney general.According to the New York Times, with 98% of the vote counted, Mr. Cuomo led his nearest challenger, former New York City Public Advocate Mark Green (the brother of real estate developer Stephen Green), by a margin of 53% to 33%. The current attorney general, Eliot Spitzer, is running for governor. In 2002, Mr. Cuomo ran for governor but dropped out in the midst of the primary campaign. His name still appeared on the statewide general election ballot as the candidate of the Liberal Party, although he did not actively campaign.
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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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