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HUD settles fair housing cases, reduces Biden backlog

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The Department of Housing and Urban Development continues to reshape its enforcement of the Fair Housing Act by settling multiple cases and halting investigations of disparate impact. Processing Content HUD announced 15 recent fair housing actions that progress civil rights enforcement, deliver relief to Americans facing housing discrimination and reduce a case backlog inherited from […]

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TWO, UWM issue dueling shareholder letters over CEO meeting

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Two Harbors Investment and UWM Holdings have two totally different views on what happened last week when the parties met about a possible combination. Processing Content The only thing they agreed upon was that UWM did not make a formal offer during the waiver period granted by Two Harbors’ contractual deal partner CrossCountry Mortgage, which

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Kimber White, president of the National Association of Mortgage Brokers

Brokers ask FHFA for more time to end limited condo reviews

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The National Association of Mortgage Brokers has requested that the Federal Housing Finance Agency for leeway in mandatory implementation dates related to limited and streamlined condo reviews. Processing Content NAMB wants at least 12 more months to end the reviews and for buildings to meet a new higher bar for reserves, according to a letter

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