UDAAP and Title Webinars; Allied Found Guilty; Lender Rankings

Posted To: Pipeline Press

Numbers can be deceiving. U.S. Housing and Urban Development (HUD) Secretary Julián Castro announced that public housing developments in the U.S. will now be required to provide a smoke-free environment f or their residents. Secretary Castro said HUD’s new rule will provide resources and support to more than 3,100 Public Housing Agencies (PHAs) to implement required smoke-free policies over the next 18 months. In legal news du jour, since this often helps shape the public's opinion of our industry, a jury found Allied Home Mortgage and CEO Jim C. Hodge liable for civil mortgage fraud, and awarded the United States over $92 million in damages . They are, "liable for violating the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 in connection...(read more)

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from Mortgage News Daily http://ift.tt/2gMimT4