The Senate has confirmed Brian Montgomery to be an assistant secretary at the Department of Housing and Urban Development and the new housing commissioner.As the new Federal Housing Administration commissioner, Mr. Montgomery is expected to start a marketing campaign to boost homebuyer awareness of the FHA single-family program as an alternative to subprime loans. He previously served in the White House as a deputy assistant to the president. Former FHA Commissioner John Weicher left HUD at the end of April. In other personnel news, Armando Falcon, former director of the Office of Federal Housing Enterprise Oversight, has joined the Canonbury Group, a London-based financial consulting firm, as a principal. Mr. Falcon is establishing a Washington D.C. office for the firm, which advises professional investors and senior business managers on government policies and political risks.
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While existing home sales aren't measured in GDP, many of the things which come along with it are, and those are likely to start trending down, First American said.
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While foreclosure numbers in the first six months of this year were up compared to 2024, starts eased as the spring progressed, according to Attom.
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The merger of the firm's lending arm and Figure Markets is a reaction to a thawing regulatory environment.
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The legislation is a direct response to HUD's effective elimination of the PAVE task force and comes amid ongoing debates over DEI policies in the federal government.
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The Indiana loan officer was previously sued by Ruoff Mortgage for fraudulent originations it estimated would cost the company over $1 million to repurchase.
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The new arrangement will allow Blend customers to have access to Doma's artificial intelligence-powered instant decisioning title insurance technology.
July 18