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Results: 189 Articles found.
Aug 10, 2016 12:30 PM

Barclays Avoids Multimillion-dollar Subprime Suit

A lawsuit jointly filed by the Federal Housing Finance Agency and U.S. Bank that accused Barclays Bank and one of its subprime lending subsidiaries of misrepresenting the quality of mortgages in a $619 million bond was dismissed because it was filed beyond the statute of limitations, HousingWire reported July 26.

 
Aug 10, 2016 12:30 PM

CFPB Publishes 900-page Mortgage Lending Final Rule

The Consumer Financial Protection Bureau on Aug. 4 finalized mortgage servicing regulations to ensure borrowers are treated fairly, HousingWire reported. Included in the 900-page final rule are mandates that certain borrowers receive foreclosure protections more than once during the life of the loan and that foreclosure protections cover those inheriting property.

 
Aug 09, 2016 08:00 AM

Appraisal Institute Education Trust Honors 4 National Award Winners

Bradley R. Carter, MAI, of Atlanta, received the George L. Schmutz Award; Stephen D. Roach, MAI, SRA, AI-GRS, of San Diego, received the James H. Pritchett Award; Charles G. Dannis, MAI, SRA, of Dallas, received the Dr. William N. Kinnard Jr. Academic Award; and Byron E. Miller, SRA, AI-RRS, of Minneapolis, Minnesota, received the Y.T. and Louise Lee Lum Award from the Appraisal Institute Education Trust during the Appraisal Institute Annual Conference July 27 in Charlotte, North Carolina.

 
Jul 29, 2016 08:00 AM

Stephen Wagner Elected 2017 Appraisal Institute Vice President

Stephen S. Wagner, MAI, SRA, AI-GRS, of West Lafayette, Indiana, was elected 2017 vice president of the nation’s largest professional association of real estate appraisers Thursday by its Board of Directors in Charlotte, North Carolina. Wagner’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.

 
Jul 28, 2016 12:00 PM

Appraisal Institute Honors 7 National Award Winners

Terry R. Dunkin, MAI, SRA, of Sparks, Maryland; M. Ralph Griffin, MAI, AI-GRS, of Spartanburg, South Carolina; and W. Calvin Reynolds, MAI, SRPA, SREA, SRA, of Winston-Salem, North Carolina, were honored with the Lifetime Achievement Award and Sandra K. Adomatis, SRA, of Punta Gorda, Florida, was named the recipient of the Outstanding Service Award during the Appraisal Institute Annual Conference Wednesday in Charlotte, North Carolina.

 
Jul 27, 2016 02:42 PM

Court Revives Freddie Mac Subprime Suit

A federal appeals court on July 20 revived a lawsuit filed by the Ohio attorney general that accuses Freddie Mac of defrauding the state’s $87.3 billion pension fund by failing to disclose risk to subprime mortgages, Reuters reported. A lower court had ruled that disclosure shortfalls didn’t prove monetary loss.

 
Jul 27, 2016 02:39 PM

‘Down-and-Out’ Neighborhoods Make a Rebound

Many so called “rough-and-tumble” neighborhoods have bounced back in recent years, as tight inventory and new construction has helped convince homebuyers to consider such neighborhoods, analytics firm RealtyTrac reported July 20 in its best of the “bad” neighborhoods report.

 
Jul 27, 2016 02:32 PM

White House Unveils Clean Energy Initiative

The White House on July 19 announced the Clean Energy Savings for All Initiative, a joint effort from the Environmental Protection Agency and the departments of Energy, Agriculture, Veteran’s Affairs, Housing and Urban Development and Health and Human Services to increase access to solar energy, promote energy efficiency and ensure homeowner access to solar options.

 
Jul 20, 2016 12:30 PM

Senators Tell FHFA to Leave GSE Reform to Them

While some in Congress are pushing the Federal Housing Finance Agency to let Fannie Mae and Freddie Mac recapitalize, a bipartisan coalition of senators is urging FHFA Director Mel Watt to let legislative efforts guide housing finance reform, HousingWire reported July 11.

 
Jul 20, 2016 12:30 PM

FHFA Clarifies Principal Reduction Eligibility

The Federal Housing Finance Agency reported July 11 that an estimated 31,000 borrowers nationwide are eligible for a one-time principal reduction, with most of the homeowners concentrated in five states: Florida, Illinois, Ohio, New Jersey and New York.

 
 
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