HUD Defends FHA Nominee as Shelby Delays Confirmation
May 11, 2009
The Department of Housing and Urban Development is standing by David Stevens, the Obama administration’s pick to become the next FHA commissioner. Lawmakers in the Senate Committee on Banking, Housing and Urban Affairs last week blocked Stevens’ nomination in relation to a lawsuit filed against Stevens’ former employer, Long & Foster, and it’s a “petty objection"...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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