The Senate has confirmed Alphonso Jackson to be the new secretary of the Department of Housing and Urban Development.Mr. Jackson has run housing authorities in St. Louis, Washington, and Dallas. He was a Texas electric utility executive when he was tapped to become the deputy secretary at HUD in 2001. A few weeks ago, his confirmation appeared be in jeopardy until the Bush administration decided to withdraw a controversial final rule to revamp the mortgage application and settlement services process. Mr. Jackson has served as the acting HUD secretary since former Secretary Mel Martinez resigned in December to run for the Senate. Meanwhile, President Bush has nominated Romolo A. Bernardi to serve as deputy secretary under Mr. Jackson. Mr. Bernardi is currently the HUD assistant secretary for community planning and development.
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Make the right lending decisions by being informed and knowledgeable on the impact of flooring during appraisals, upgrades, and resale evaluations.
September 12 -
Roof damage can reduce a property's value and loan security. Lenders must know the warning signs that indicate major structural and financial risks.
September 12 -
The federal regulator terminated the wholesale lender's FHA approvals in six jurisdictions because of certain elevated default and claim rate data.
September 12 -
The Mortgage Bankers Association leader cited past objections on anti-competitive grounds as Trump administration officials showed signs of progress on reform.
September 12 -
Homes for sale inventory reached pre-COVID levels for the first time in years, while contract activity continued to soar last month, HouseCanary said.
September 12 -
The new litUSD is being issued on Ethereum and backed one-to-one with the dollar using cash and cash equivalents being held by LitFinancial in reserve.
September 12