Housing Secretary Alphonso Jackson is planning to stay on as head of the Department of Housing and Urban Development, according to news reports.Since the November elections, rumors have been circulating that Secretary Jackson would resign to avoid facing hostile questioning by Democrats who now control Congress and the committees that oversee HUD. However, Mr. Jackson told Reuters that he has no plans to resign and expects to have good relations with the Democrats on the House Financial Services Committee, including the incoming chairman, Rep. Barney Frank, D-Mass.
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About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
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Sun Belt states saw a noticeable surge in liens filed last year, with Florida accounting for 17% of the national total, according to Benutech.
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CEO Tim Spence said folding in the acquired bank has gone to plan so far, but the biggest point of risk is still on the horizon.
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Surge, which claims to serve some of the nation's larger wholesale players, said the lender's behavior was reminiscent of its spat with Black Knight.
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Questions about the single-report option and whether VantageScore should be introduced before FICO 10T arose during a hearing on broader legislative proposals.
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SecurityNational Mortgage Co. alleges that the larger competitor facilitated the mass resignation of its staff from Glendale and Scottsdale offices.
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