As March 14 debt ceiling deadline approaches, housing and mortgage finance industries brace for repercussions of DOGE cuts to HUD, FHA and Ginnie Mae workforce and programs
The Department of Government Efficiency (DOGE) claims HUD funds were earmarked for the administration of financial services that are no longer needed, the agency announced on X Friday
In announcing the second Encompass deal this month, ICE cites investments in mortgage technology and data that automate and accelerate the lending process from start to finish
Loan servicer Mr. Cooper is 'deeply disappointed' that the HUD OIG audit focused on problems it says were mostly technical, rather than on borrower outcomes
The CFPB alleges mortgage servicers charged excessive late fees, assessed 'fake' private mortgage insurance premiums and made homeowners pay for unnecessary inspections
CFPB alleges some homeowners who sought forbearance during the pandemic were charged improper late fees and weren't fully informed of their options
Opinion
When affordability or credit issues raise questions for homebuyers, knowing a trusted lender can make you the go-to agent
Purchase Promise Program offers 'wider qualifications and fewer restrictions'
Lender says fast closings can help keep deals from falling through
Qualifying loans not processed on time will receive $500 closing cost credit
New offices in Indiana and Connecticut part of 2013 growth plans