Sunday, November 17, 2024

Residential Mortgage

MISMO Seeks Comments On XML Digital Signature I-Guide

MISMO has issued a Call for Comments on the latest draft of its XML Digital Signature I-Guide. Comments are due by April 25....

NCUA Shuts Credit Union In Virginia

The National Credit Union Administration (NCUA) has liquidated Shiloh of Alexandria Federal Credit Union of Alexandria, Va. NCUA made the decision to liquidate...

NY AG: Obama Has Legal Right To Fire DeMarco

New York Attorney General Eric Schneiderman is continuing his push to remove Edward DeMarco from the leadership of the Federal Housing Finance Agency...

New Mexico Extends Green Building Tax Credits Through 2016

The state government of New Mexico has extended tax credits for sustainable residential and commercial buildings through 2016. The Associated Press reports that...

Former Dallas Housing Manager Indicted On Abusing Authority

A former department manager of the Dallas Housing Authority has been indicted by a grand jury for using her office to secure subsidized...

RXF Begins Share Exchange

Miami Beach-based REIT Exchange Fund Inc. (RXF) has commenced an offer to exchange its common shares for shares currently held by investors in...

Obama Budget: $47.6B For HUD, $943M For FHA Cash Infusion

The Obama administration is seeking $47.6 billion for the U.S. Department of Housing and Urban Development (HUD) for the fiscal year 2014 budget,...

NCUA Hits Setback In Lawsuit Against Credit Suisse

A federal court in Kansas City, Kan., has dismissed some of the claims in the $590 million lawsuit filed by the National Credit...

Former Chase Home Lending CEO Joins Freddie Mac

Freddie Mac has hired David B. Lowman as executive vice president for its single-family business. Lowman served as CEO of Chase Home Lending...

Legislators Reintroduce Bill To Break Up XXL-Sized Banks

Rep. Brad Sherman, D-Calif., and Sen. Bernie Sanders, I-Vt., have reintroduced the 'Too Big to Fail, Too Big to Exist Act' in the...

FDIC To Offer Banker Teleconference Series

The Federal Deposit Insurance Corp.'s (FDIC) Division of Depositor and Consumer Protection is launching a series of nationwide banker teleconferences designed to 'maintain...

San Francisco Housing Authority Chief Is Fired

The San Francisco Housing Authority Commission has voted unanimously to terminate the contract of its executive director, Henry Alvarez. The San Francisco Chronicle...

Senate Confirms White As Next SEC Chief

The U.S. Senate has confirmed Mary Jo White's nomination to become chairwoman of the U.S. Securities and Exchange Commission (SEC). The Associated Press...

Canadian Housing Starts Up Slightly In March

Canadian housing starts showed a mixed picture in March, according to new data from the Canada Mortgage and Housing Corp. (CMHC). The stand-alone...

Reid Threatens To Change Senate Rules For Cordray Vote

Senate Majority Leader Harry Reid has threatened to alter the congressional chamber's rules to force a vote on the stalled nomination of Richard...

Senators Seek To Increase Capital Standards On Large Banks

New legislation being prepared by Sens. Sherrod Brown, D-Ohio, and David Vitter, R-La., would require the nation's largest banks to hold capital in...

Arizona’s Gold Canyon Bank Is Shut Down

Gold Canyon Bank, based in Gold Canyon, Ariz., was shut down by the Arizona Department of Financial Institutions, which appointed the Federal Deposit...

Golden First Mortgage Slapped With Federal Fraud Lawsuit

The federal government has filed a civil mortgage fraud lawsuit against Golden First Mortgage Corp. and its president, David Movtady, claiming that the...

Number Of Improving Housing Markets Unchanged For April

After seven consecutive months of gains, the list of improving U.S. housing markets remained virtually unchanged in April, with 273 metros on the...

Chamber Of Commerce Offers Agenda To Overhaul Dodd-Frank Act

The U.S. Chamber of Commerce's Center for Capital Markets Competitiveness (CCMC) has taken the Dodd-Frank Act to task with a new report that...