Government Agencies Use Kleimann Process to Create Effective Consumer Centered Disclosures
Kleimann Communication Group, an international leader in bringing clear communication to organizations, released the Executive Summary of the firm's report "Consumer Testing of the Good Faith Estimate (GFE) and HUD-1 Forms." The report outlines the innovative, consumer-centered process Kleimann used with the Department of Housing and Urban Development (HUD) to create disclosures that are both accurate and usable.
Houses for Sale strategies in the foreclosure market
Houses for sale in the foreclosure market have increased by 80% since the year 2005, at present the real estate and property market is also in a crisis. Much like many other financial markets! This makes it simpler than ever for home buyers and investors to purchase houses for sale in the foreclosure market. It does not take and experienced investor to take advantage of the present buyers market, there are a glut of foreclosure houses for sale presently. Both governments owned, and lender or bank owned.
United States Files False Claims Act Suit Against California Mortgage Lender Capmark Finance
The Department of Justice filed suit today against California mortgage lender Capmark Finance Inc., charging that Capmark violated the False Claims Act by making false statements on applications for federal mortgage insurance covering residential nursing homes. The lawsuit, filed in United States District Court in Los Angeles, relates to a federal program under which the U.S. Department of Housing and Urban Development (HUD) guarantees mortgage loans used to acquire healthcare facilities such as hospitals and nursing homes.
Buying HUD Home - 4 Tips For Buying HUD Home!
You have read in the newspapers and have seen on TV news about the problems in the housing market and all of the home foreclosures. You may have gone by a home and saw the orange stickers on the door and a sign in the window telling you this is a HUD Home and to contact a Realtor. But you don't know anything about buying HUD Home.
Lockheed Martin Selected to Manage Multi-Channel Contact Center for HUD's Federal Housing Administration (FHA)
Lockheed Martin (NYSE: LMT) announced that it was awarded a task order under the GSA's USA Contact contract to operate the U.S. Housing and Urban Development's (HUD's) Federal Housing Administration (FHA) Client Management Center -- known to users as the FHA Resource Center. The five-year task order, valued at $10 million for the base year, supports a consolidated multi-channel contact center to assist consumers and the lending industry with the FHA mortgage insurance process.
Lend America Launches National Ad Campaign to Educate Struggling Homeowners Facing Foreclosure on the HOPE for Homeowners Program
Lend America, a leading next generation direct-to-consumer FHA lender, announced today it is kicking off the first phase of a new national advertising campaign to educate struggling homeowners facing foreclosure on the U.S. Government's HOPE For Homeowners (H4H) foreclosure prevention program. Lend America is the first lender in the country to receive approval from the U.S. Department of Housing and Urban Development (HUD) to underwrite, close and insure H4H loan transactions without prior HUD review.
Lend America Receives H4H Unconditional Lender Insurance Approval
Lend America, a leading next generation direct-to-consumer FHA lender, announced today that the Company has been officially informed by the U.S. Department of Housing and Urban Development (HUD) that they have satisfactorily completed the pre-closing review period of the Direct Endorsement HOPE For Homeowners (H4H) program. Lend America may now begin to underwrite, close and insure H4H loan transactions without prior HUD review.
FHA Deed In Lieu Of Foreclosure Program
For homeowners who have a mortgage through the Department of Housing and Urban Development (HUD) insured by the Federal Housing Administration (FHA), there may be additional options to obtain a deed in lieu of foreclosure to avoid the worst consequences of losing a home. The requirements for this program and how homeowners can find out if they qualify are surprisingly simple in theory.
Spike in Housing Discrimination Due to Foreclosure Crisis, Discriminatory Internet Advertising
Today, the National Fair Housing Alliance (NFHA) reported that housing discrimination in the nation has spiked for two reasons: the worsening foreclosure crisis and internet advertising that violates fair housing laws. "Fair Housing Enforcement: Time for a Change," NFHA's 2009 Fair Housing Trends Report, also notes that 93 private non-profit fair housing organizations processed almost twice as many cases last year as the U.S. Department of Housing and Urban Development (HUD), the U.S. Department of Justice, and 107 state and local government agencies combined.
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