She transformed her tiny apartment in L.A. with thrift store finds

She transformed her tiny apartment in L.A. with thrift store finds

As an art director with a background in theater, Mary Kenny has a flair for interior design that rivals her skills as an event planner in the entertainment industry. For her, there... Read more »
HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

HMBS portfolio continues to pose ‘significant risk’ to HUD, internal report finds

The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) released a new report detailing what it says are the top management challenges for the department in... Read more »
Reverse mortgage lender finds retirees are happier than older workers

Reverse mortgage lender finds retirees are happier than older workers

HomeEquity Bank, the leading reverse mortgage lender in Canada, recently conducted a survey and found that the country’s retirees ages 75 and older were generally happier with their lives than workers in... Read more »
FDIC finds banks violated RESPA on mortgage brokerage payments

FDIC finds banks violated RESPA on mortgage brokerage payments

Mortgage brokers’ compensation is in the spotlight after a recent Federal Deposit Insurance Corporation (FDIC) test concluded that some financial institutions failed to prove that payments were “reasonably related” to the value of services... Read more »
FDIC finds banks violated RESPA on mortgage brokerage payments

‘This is a great time for women to be in real estate,’ survey finds 

Since its inception in 1908, the National Association of Realtors (NAR) has undergone a remarkable transformation, with women now accounting for 62% of its membership, according to data for the trade organization.... Read more »
FHFA analysis finds racial disparity in appraisers’ use of time adjustments

FHFA analysis finds racial disparity in appraisers’ use of time adjustments

A Federal Housing Finance Agency (FHFA) analysis has shown racial disparities in appraisers’ use of time adjustments, potentially harming borrowers of minority groups. The FHFA based its analysis on single-family housing data from the... Read more »
State Probe Finds Violations at Shangri-La Projects

State Probe Finds Violations at Shangri-La Projects

Shangri-La Industries’ Andy Meyers and Housing and Community Development Gustavo Velasquez with 12 Conejo Boulevard (Shangri-La Industries, State of California, Google Maps, Getty) The California Housing and Community Development Agency has found... Read more »
HUD employees in 2023 feel ‘safer’ and more ‘valued,’ survey finds

HUD employees in 2023 feel ‘safer’ and more ‘valued,’ survey finds

Employees at the U.S. Department of Housing and Urban Development (HUD) feel safer, more valued and empowered in their roles at the department. This is according to the 2023 Federal Employee Viewpoint... Read more »
CFPB report finds state community reinvestment laws can go beyond federal version

CFPB report finds state community reinvestment laws can go beyond federal version

The Consumer Financial Protection Bureau (CFPB) this week published a report analyzing state-level community reinvestment laws and ways they promote reinvestment activities for entities including mortgage companies. The 32-page report features details... Read more »
Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions

Missouri jury finds NAR, brokerages guilty of conspiring to inflate commissions

A Kansas City jury has found the National Association of Realtors, HomeServices of America and Keller Williams guilty of colluding to inflate or maintain high commission rates through NAR’s Clear Cooperation Rule,... Read more »