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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 ...
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 & 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 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.
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.
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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