Mel Watt might want the helping hand that a departing DeMarco could offer, but Ed reportedly has "civil service status," which means he can’t be forced out of the agency and the last thing Watt needs is his predecessor still around with the guy’s former staff paying obeisance to him.

New home sales fell 7% in December State AGs propose settlement with mortgage servicers Treasury: 99% of TARP investments paid back Market for home construction workers improves, still rough Here's Why Millennials Aren't Joining The Construction Industry – Millennials' lack of participation in skilled labor has caused a crippling. and how you can improve them is critical to a sustainable economy.. While white-collar job growth is increasing, it still hasn't caught up to available labor supply.. Dirty, unsophisticated, unkempt, and rough around the edges.Taxpayers still on hook for $119 bln in tarp funds. gm, -3.99% and Ally Financial, Until it paid back the Treasury, Regions was the largest bank remaining in the TARP program, the report.FACTBOX-US states’ mortgage settlement proposal with banks – March 11 (Reuters) – The state attorneys general have presented the five biggest U.S. mortgage servicers with a proposal to settle allegations. consumer groups and the state AGs strongly favor this.According to their analysis, new home sales reversed course from November, moving forward 3.7% in December. In fact, sales of new single-family houses increased to 621,000. Although this is up from November’s revised rate of 599,000, December’s sales still fell 2.4% below the previous year’s level.2018 Rising Stars: David Roy Ocwen will stop using mortgage gag orders WHEREAS, the State Mortgage Regulators are entering into a Settlement Agreement and Consent Order with Ocwen to resolve the findings identified in the course of multi-state and concurrent independent examinations of Ocwen, as well as examinations of Litton Loan Servicing, LP and Homeward Residential, Inc., which were subsequently acquired by Ocwen.David Roy joined Altisource in May 2014 as director of product strategy, where he developed business plans in support of high potential technology offerings in the mortgage and real estate industries. Roy is now vice president of operations where he oversees design and implementation of technology solutions, operational improvement initiatives, go-to market, sales operations and financial.Homebuilder confidence remains at 6-month low June Existing Sales Slow By Stephen Melman on July 24, 2017 (). Existing home sales decreased 1.8 % in June, but remain 0.7% above the pace a year ago. Some 54% of homes sold last month were on the market less than a month as buyers overcame low inventory and higher prices.

Mel Watt nomination means ‘status quo’ for the mortgage industry Mortgage Lenders News ContentsHousing finance agencyTightening labor marketMagazine editor janetHard to see how FHFA’s Watt survives harassment allegations – The mortgage industry and Washington were rocked Friday by news that Federal housing finance agency Director Mel Watt.

Calabria said he opposed the current status quo, in which Fannie and Freddie have taken a capital hit while in conservatorship, but that does not mean he opposes affordable housing provisions as part of a sounder housing finance system.. The mortgage industry has generally accepted that one.

The mortgage industry and Washington were rocked Friday by news that Federal Housing Finance Agency Director Mel Watt has been accused by an agency employee of sexual harassment. Watt is slated to leave the FHFA in January after serving since 2014 as the top regulator and conservator of Fannie Mae and Freddie Mac.

Senate Confirms Mel Watt to Head FHFA. The Senate on Dec. 10 confirmed the nomination of Mel Watt to lead the Federal Housing Finance Agency, HousingWIre reported. Rep. Watt, D-N.C., will replace Ed DeMarco, who has served as acting director of the FHFA since the government-sponsored enterprises entered conservatorship in 2008.

2018 HW Tech100 Winner: Capsilon Corporation HousingWire 2018 HW Tech100 Winner: Fannie Mae HousingWire Fannie Mae’s Desktop Underwriter validation service leverages digital data from vetted third-party vendors to validate borrowers’ income, assets, and employment. The report cuts the time from loan application to final approval from 50 days to as little.

The White House has answered one important question about its plans in recent days by naming successors to Mel Watt, the Obama administration holdover who ran FHFA and is due to step down Jan. 6. President Trump has said he intends to nominate Mark Calabria, the chief economist for Vice President Mike Pence, as Watt’s permanent replacement.

Mortgage brokers Newfoundland save you time and money by doing the leg work for you. The broker works on your behave and not the banks. While most of the biggest names in mortgage lending are focused on the Mortgage Bankers Association’s annual conference, taking place right now in Boston, one of the biggest names in real estate.

I don’t mean learn to juggle your time or your home and work life. professor Heather McGregor is now the executive dean of heriot- watt university’s Edinburgh Business School. Make this the year.