Legal
Stay in-the-know on legal news for the mortgage, housing and finance industries.
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HUD Readies $4 Billion for Foreclosure Prevention
Sep 29, 2008The U.S. Department of Housing and Urban Development is rolling out funds tied to the Housing and Economic Recovery Act of 2008, and announced Friday that its newly-minted Neighborhood Stabilization Program (NSP) will provide $3.92 billion in relief to areas suffering high foreclosure rates. “Clearly, the intent is to put this money to work in communities with the highest need and to have a meaningful impact,” HUD secretary Steve Preston said in a press statement.
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Industry Vets Launch Mortgage Due Diligence Firm
Sep 25, 2008 -
All Business at BofA: Countrywide Insider Gissinger Out
Sep 24, 2008 -
GMAC Sells Home Services Unit
Sep 23, 2008 -
Full text of Treasury’s proposal
Sep 21, 2008 -
Mortgage REIT Insider: Sell ‘em All! No, Wait, Buy ‘em All!
Sep 19, 2008 -
Ah, so it was a shotgun wedding, after all…
Sep 18, 2008 -
Citi’s Pandit: ‘Turbulent Times’
Sep 15, 2008 -
Residential Credit’s Servicing Ops Recognized by S&P
Sep 15, 2008