FHA Expert Moves Up from Second Position to Tops in Nation With More than $640 Million/58 Transactions Closed in the First Half-HUD FY2012Columbus, OH (PRWEB) May 07, 2012 Red Mortgage Capital, LLC, consistently one of the nation?s most active FHA MAP & LEAN lenders, is proud to announce it is the country?s top lender of FHA MAP loans for volume activity through the first half of HUD?s Fiscal ...
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Red Mortgage Capital Leads Nation as Top FHA Multifamily Lender Per HUD Fiscal Mid-Year Volume Rankings
Posted by mortgage 16 days ago (Editorial)Romney Says He Might Eliminate HUD, Ax Mortgage Deduction for Rich
Posted by mortgage 36 days ago (Editorial)
Outlining some areas he may cut if elected president, Republican Mitt Romney said he would "probably eliminate" the second home mortgage deduction for "high-income people," and likely get rid of deductions for state income and property taxes.
Wells Fargo Said to Face HUD Scrutiny on Fair Lending
Posted by mortgage 41 days ago (Editorial)
Wells Fargo & Co. (WFC) , the largest U.S. mortgage lender, faces a U.S. probe over claims that it neglects bank-owned homes in minority communities, according to a person briefed on the matter.
Allied Home Mortgage Founder Sues HUD for Halting Privileges
Posted by mortgage 201 days ago (Editorial)
Allied Home Mortgage Corp. sued the U.S. Department of Housing and Urban Development for suspending the firm?s ability to write Federal Housing Authority-insured home loans.
HUD settles with Prospect Mortgage for $3.1 million
Posted by mortgage 314 days ago (Editorial)
The U.S. Department of Housing and Urban Development announced Wednesday it reached an agreement with Prospect Mortgage to settle allegations that the California-based mortgage lender, created sham joint ventures for the purpose of paying kickbacks to real estate brokers, mortgage brokers and others for the referral of business.
Mortgage fixes starting strong but must pick up, HUD secretary says (seattlepi.com)
Posted by mortgage 904 days ago (Editorial)
The Obama administration's program to modify troubled mortgages has gotten off to a strong start but still has a long way to go, U.S. Housing and Urban Development Secretary Shaun Donovan said in Seattle Monday.
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