Charges also were filed against former Live Well executives Eric Rohr and Darren Stumberger who entered a guilty plea in the case late last week and are now cooperating with investigators.
For the first half, the top five HECM lenders were American Advisors Group, One Reverse Mortgage, Synergy One, Reverse Mortgage Funding, and Fairway Independent Mortgage…
The share price of Fannie Mae and Freddie Mac common had been in the tank all summer but last week spiked upwards on the news that the Treasury Department plan to recap-and-release the two is now (reportedly) on the desk of Larry Kudlow...
One GSE-related question that hasn’t been answered yet: If a recap and release plan becomes a reality, will Congress end the $600,000 pay cap on GSE CEO compensation?
From fiscal 2010-2016, FHA sold roughly 111,000 troubled loans to private investors, including nonprofits, through DASP. In addition, GAO found that FHA did not routinely assess outcomes…