Tag Archives: FHA

The Senate Committee on Banking, Housing, and Urban Affairs met to hear testimony regarding the nomination of Brian Montgomery, as commissioner of the Federal Housing Administration—and declared the next steps to proceed with his confirmation.

This week, the eyes of the industry will be on Capitol Hill as Brian D. Montgomery fields questions from the Senate Committee on Banking, Housing, and Urban Affairs pertaining to his nomination as Commissioner of the Federal Housing Administration (FHA).

Have questions or concerns about servicing FHA loans? Take a look at what Altisource Portfolio Solutions’ Chief Revenue Officer John Vella has to say about compliance and risks in this exclusive interview.

Beset by uncertainty in the housing market, the Home Equity Conversion Mortgage Program (HECM) is losing money and cannot continue on in its present form. To make the ...

New analysis shows FHA-backed loans aren’t as popular as they once were—particularly with new home purchases. So what are consumers using in their stead?

On Monday, the City of Philadelphia sued Wells Fargo & Co for predatory lending and violations of the Fair Housing Act. This suit comes just two weeks after the U.S. Supreme Court ruled that cities may sue lenders for alleged discrimination, according to Reuters. Two weeks before this case, the Supreme Court had ruled that Miami could sue Bank of America for predatory lending practices that allegedly increased segregation.

President Donald Trump may be gearing up to nominated Brian Montgomery to head up the FHA. Currently the Vice Chairman of The Collingwood Group, Montgomery previously served as FHA Commissioner under President George W. Bush and President Obama. He also served as Asisstant Secretary for HUD and Deputy Assistant at the White House.

The MReport talks with Dr. Richard Green. Director of the USC Lusk Center for Real Estate, on the future of the Housing and Urban Development Department.

What exactly is at stake following Friday’s suspension of the FHA mortgage insurance rate cut?

Those hoping for relief from mortgage insurance rates will have to keep waiting, as the Trump Administration suspended the premium reduction indefinitely right after the administration began.