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Insurance :: Financial Services
Residential :: Real Estate
HUD Press Releases
FHA Suspends Equitable Trust Mortgage Corp.
Mon, 07 Dec 2009 12:00:00 -0000
WASHINGTON - The Federal Housing Administration (FHA) today announced that it is immediately suspending Equitable Trust Mortgage Corporation (ETM) of Baltimore, Maryland, thereby preventing the Company from originating and underwriting new FHA-insured mortgages. FHA is imposing this action because ETM improperly overcharged 37 borrowers for broker and loan origination fees in excess of what the U.S. Department of Housing and Urban Development currently allows. HUD discovered that these unauthorized fees were charged to a substantially greater percentage of minority borrowers (68 percent) than non-minorities.
FHA Proposes New Rules to Strengthen Risk Management
Mon, 30 Nov 2009 12:00:00 -0000
WASHINGTON - The Federal Housing Administration (FHA) today proposed new regulations to further reduce risks to its single-family insurance fund as it continues to play a critical role in today's housing market. FHA proposes to increase the net worth requirements of FHA-approved lenders, strengthen lender approval criteria, and make lenders liable for the practices of their correspondent mortgage brokers.
Statements by DHS Secretary Napolitano and HUD Secretary Donovan on Today's Disaster Recovery Stakeholder Forum in Memphis
Mon, 23 Nov 2009 12:00:00 -0000
MEMPHIS, Tenn. - The Long Term Disaster Recovery Working Group held its fifth planned stakeholder forum today in Memphis, Tenn. - designed to encourage stakeholders to provide direct input and ideas for disaster recovery.
Statements by DHS Secretary Napolitano and HUD Secretary Donovan On Today's Disaster Recovery Stakeholder Forum in Salt Lake City
Thu, 19 Nov 2009 12:00:00 -0000
SALT LAKE CITY-The Long Term Disaster Recovery Working Group held its fourth of five planned stakeholder forums today in Salt Lake City-designed to encourage stakeholders to provide direct input and ideas for disaster recovery
President Obama Establishes Interagency Financial Fraud Enforcement Task Force
Wed, 11 Nov 2009 12:00:00 -0000
WASHINGTON - Attorney General Eric Holder, Treasury Secretary Tim Geithner, Housing and Urban Development (HUD) Secretary Shaun Donovan, and Securities and Exchange Commission (SEC) Chairwoman Mary Schapiro today announced that President Barack Obama has established by Executive Order an interagency Financial Fraud Enforcement Task Force to strengthen efforts to combat financial crime. The Department of Justice will lead the task force and the Department of Treasury, HUD and the SEC will serve on the steering committee. The task force's leadership, along with representatives from a broad range of federal agencies, regulatory authorities and inspectors general, will work with state and local partners to investigate and prosecute significant financial crimes, ensure just and effective punishment for those who perpetrate financial crimes, address discrimination in the lending and financial markets and recover proceeds for victims.
PopularMechanics.com - Home Journal: How Your House Works
A Smarter Generator: Generac XG8000E Meters Power
Wed, 23 Sep 2009 00:00:00 -0400
The Guide to Home Geothermal Energy
Sun, 20 Sep 2009 00:00:00 -0400
Efficient and economical, geothermal heats, cools and cuts fossil fuel use at home. A ground-fed climate system can free a consumer from fluctuating energy prices and save money on power bills immediately. Here's how it works.
Pumping a Septic Tank: Ditch the Chicken and Pump Frequently
Tue, 21 Jul 2009 00:00:00 -0400
Putting a chicken carcass in your septic tank will not get you out of the need to empty it. Here, home editor Roy Berendsohn gives advice on pumping out your septic tank.
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