The Mortgage Bankers Association, the Housing Policy Council and the National Mortgage Servicing Association submitted joint comments to HUD on its proposed enhancements to its Claims Without Conveyance of Title (CWCOT) Program).
Tag: HUD
MBA, Trade Groups Renew Pressure for Senate Action on Montgomery, Woll Nominations
Last October, the Trump Administration nominated FHA Commissioner Brian Montgomery to serve as HUD Deputy Secretary. Despite a favorable vote by the Senate Banking Committee and strong support from trade groups such as the Mortgage Bankers Association, a Senate confirmation vote has yet to take place.
HUD Proposes Enhancements to CWCOT Procedures
HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.
HUD Proposes Enhancements to CWCOT Procedures
HUD, in a draft Mortgagee Letter, proposes to enhance FHA’s Claims Without Conveyance of Title (CWCOT) procedures, a development welcomed by the Mortgage Bankers Association.
Mild January Spurs New Home Sales
Mild January weather led to a strong jump in new home sales, HUD and the Census Bureau reported yesterday.
Industry Briefs
OptifiNow, Buena Vista, Calif., announced Sun West Mortgage Co. launched its cloud-based CRM and marketing automation platform for wholesale, distributed retail and its Home Buyer Connect mortgage lending channels.
Administration Nominates Dana Wade as FHA Commissioner
The Trump Administration yesterday said it intended to nominate Dana Wade as Assistant Secretary for Housing and Federal Housing Commissioner.
HUD Report Notes ‘Credit Invisibility’ Among Assisted Households
HUD and the Policy and Economic Research Council, in a new study examining reporting rent payments to credit reporting agencies, said while rent payment performance can improve both credit visibility and the fraction of tenants with credit scores above 620, it also shows that many public housing tenants continue to have subprime credit scores that can limit their housing choices and their ability to obtain insurance.
Industry Briefs
OptifiNow, Buena Vista, Calif., announced Sun West Mortgage Co. launched its cloud-based CRM and marketing automation platform for wholesale, distributed retail and its Home Buyer Connect mortgage lending channels.
January Housing Starts Down, But Outlook Good
Housing starts started the year on a down note, HUD and the Census Bureau reported yesterday, but the pace remained solid, analysts said.