The White House is considering throwing its weight behind a push to increase a capital gains tax exemption for primary home sales and cut levies on investments ahead of the midterm election — changes that would disproportionately flow to some of the wealthiest US households. Processing Content National Economic Council Director Kevin Hassett and Fox […]
Richest to profit in Trump’s capital gain tax ideas Read More »
Newrez has agreed to a $15.5 million settlement with state regulators over allegations it wrongly imposed force-placed insurance on thousands of borrowers who already had homeowners’ policies. Processing Content The Conference of State Bank Supervisors announced the deal Wednesday, which includes $4,511,242 in remediation for affected homeowners. The servicer will pay a $9.9 million administrative
Newrez OKs $15.5 million settlement over insurance claims Read More »
The Mortgage Bankers Association supports the Department of Housing and Urban Development’s proposal to loosen the permanent chassis requirement for manufactured homes, but the change will do little for lenders unless appraisal policy moves alongside, the group added in a comment letter. Processing Content The trade group described the proposal as a measured and appropriate
MBA backs HUD’s manufactured home chassis rule change Read More »