HUD expands housing counseling support for Native American tribes

The U.S. Department of Housing and Urban Development (HUD) on Friday announced a final rule designed to expand support for housing counseling services within Native American tribal communities.In a new final rule published in the Federal Register, HUD outlined requirements for housing counselor cert
Read MoreFreddie Mac CFO to resign at the end of June

Freddie Mac’s chief financial officer, Christian Lown, notified the company of his intention to resign at the end of this month.The government-sponsored enterprise (GSE) will “begin the process of identifying a successor,” Freddie Mac said in an 8-K filing with the Securities and Exchange Commission
Read MoreNew records from Ginnie Mae, HUD filed in TCB case

Attorneys for the federal government have issued an extensive new filing in the ongoing litigation between Texas Capital Bank (TCB) and Ginnie Mae, including a raft of correspondence that took place immediately prior to the seizure of the Reverse Mortgage Funding servicing portfolio by Ginnie Mae.Se
Read MoreConsumer, industry groups sound alarm over elder financial abuse

Consumer and industry advocacy organizations — including the American Land Title Association (ALTA), National Consumer Law Center (NCLC), National Association of Realtors (NAR) and AARP — are sounding the alarm over a rising trend of elder real estate fraud and financial exploitation in a new jointl
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