Author name: Ricky Vasquez

HUD orders citizenship checks for tenants in funded housing

The Department of Housing and Urban Development is ordering citizenship checks for tenants in HUD-funded housing, part of its work with the Department of Homeland Security.  Processing Content Friday’s announcement follows an audit in which the departments found almost 6,000 ineligible non-American tenants in the units, among nearly 200,000 tenants requiring eligibility verification. Another 25,000 […]

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Glen Messina-Onity

Onity’s earnings estimates improve despite servicing loss

Mortgage servicer and originator Onity Group reported a range of earnings estimates for net income to common shareholders that were stronger than previous quarter and year-ago periods despite a negative servicing line item. Processing Content Estimated net income to common shares ranged from $107 million to $131 million, improving on $18.7 million in the third

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