Are servicers finally off the CFPB’s hit list? Mortgage applications jump 21.7% on refinancing activity A day in the life of HUD Secretary Julin Castro Former secretary of Housing and urban development julin Castro officially announced his presidential bid in San Antonio on Saturday, beginning a campaign that will look to turn his uniquely.Coupled with an interest in conforming jumbo loans, a wave of uncertainty over economic news helped throw homeowners into a refinancing frenzy last week, feeding a surge in mortgage applications.Clear Capital: Price recovery in most housing markets will slow down The Economic Impact of the American Recovery and reinvestment act mark zandi chief Economist Moody’s Economy.com January 21, 2009 The new president and Congress are working to implement a large fiscal stimulus plan to mitigate the severe economic downturn. The latest step in this effort is the plan put forth by House Democrats in mid-January.Today, new CFPB director Kathy Kraninger testifies to Congress for the first time. The House Financial Services Committee will need to drill down with tough questions. Why? Kraninger’s written pre-filed statement reads like an answer to a warped question from old television’s Sergeant Joe Friday: "Just the irrelevant, off-point facts, ma’am."
NEW YORK, Oct. 31, 2008 – Chase today announced it is expanding its already significant mortgage modification program by undertaking multiple initiatives designed to keep more families in their homes, including extending its modification programs to WaMu and EMC customers.
The Federal Deposit Insurance Corp.’s program to lower loan payments for struggling borrowers with mortgages from IndyMac Bank has been lauded by consumer advocates and government leaders as a.
Aug 21 – FDIC Chairman Sheila C. Bair has announced that IndyMac Federal Bank, FSB will implement a new program to systematically modify troubled mortgages. The program is designed to achieve affordable and sustainable mortgage payments for borrowers and increase the value of distressed mortgages by rehabilitating them into performing loans.
IndyMac Federal Bank will send some 4,000 modification proposals to borrowers this week and thousands of additional proposals in the coming weeks. FDIC Chairman Sheila C. Bair. loans. Under the.
Unpaid mortgages left the lender short of cash, triggering a run on deposits that drained $1.3 billion in 11 days ending with the U.S. seizure on July 11. The bank was among 25 to collapse this year amid losses from mortgages. IndyMac’s failure will cost the FDIC’s deposit insurance fund about $8.9 billion, the agency has said.
Here’s how homebuilders are standardizing solar panels Sometimes solar panels are not a good fit for your home. Here. – The data here are generally positive: homes with solar panels sold for a 4.1 percent premium over comparable homes on average, according to a recent Zillow analysis that controlled for "observable attributes,” such as the number of bedrooms and bathrooms, square footage, age of the home, and location. In New York and Los Angeles, that.