The Department of Housing and Urban Development’s Office of Inspector General recently reported that it found many inconsistencies in records for due-and-payable partial claims in a recent audit. Processing Content The most common discrepancy found in 74 instances within a statistical sample of 81 loans from 2021-2024 was that the mortgage servicing files involved were […]
HUD watchdog alleges mishandling of partial claims Read More »
Frank Cassidy at a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington. Photographer:Eric Lee/Bloomberg Former Federal Housing Administration Commissioner Frank Cassidy has announced his return to his roots in a role that will allow him to build on his experience in government and private industry. Processing Content In his position as senior
Former FHA Commissioner Frank Cassidy reveals his next step Read More »
A pending merger between two Northeastern banks should increase borrowing opportunities for New England customers, thanks in part to the expansion of the company’s soon-to-be rebranded mortgage affiliate. Processing Content Massachusetts-based Hometown Financial Group, the parent holding company of three individual brands, announced it had reached a deal to acquire Primary Bank, a publicly traded
New England bank merger adds opportunity for mortgage unit Read More »