The Government Accountability Office released a study on appraisal management companies. The report said that wider use of AMCs has raised concerns about AMC oversight. “GAO recommends that federal banking regulators, the Federal Housing Finance Agency and the Bureau of Consumer Financial Protection consider addressing several key areas, including criteria for selecting appraisers, as part [...]
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Gov Report Calls for National AMC Standards
July 15th, 2011 
davidguide 
Posted in Business Loans 
Tags: AMCs, appraisal management, Federal, Gov, government accountability office, Housing, housing finance agency, management companies, report, study, use 
Comments OffCostly Litigation for Foreclosure Firms
December 11th, 2010 davidguide A $12 million settlement was reached in a lawsuit filed by the Federal Trade Commission against National Foreclosure Relief Inc. A $60 million lawsuit was filed in October by California’s attorney general against US Loan Auditors. In Florida, the U.S. Department of Justice announced that Peter James Porcelli II was sentenced to prison and hit [...]
Posted in Business Loans Tags: California, Commission, Costly, Federal, federal trade commission, Firms, Florida, Foreclosure, foreclosure relief, Lawsuit, Litigation, National, national foreclosure, Peter James Porcelli II, porcelli, settlement, Trade, U.S. Department, US Comments OffFederal Funds for Delinquent NC Borrowers
December 3rd, 2010 davidguide A federally funded program could help as many as 21,000 North Carolina homeowners who have lost their jobs keep their homes. The program is for those who missed payments through no fault of their own because of temporary hardship occurring on or after Jan. 1, 2008. Applicants must show proof of their job search or [...]
Posted in Business Loans Tags: Applicants, Borrowers, Delinquent, fault, Federal, Funds, hardship, Jan, job search, jobs, Mortgage, North Carolina, north carolina homeowners, program, proof Comments OffObama Selects Regulator for Fannie, Freddie
November 13th, 2010 davidguide The Obama administration announced a permanent replacement to the acting director of the Federal Housing Finance Agency. Joseph A. Smith Jr. will be nominated by Obama to become FHFA director, an announcement from the White House said. FHFA regulates Fannie Mae and Freddie Mac. View full post on Mortgage Stories
Posted in Business Loans Tags: administration, director, Fannie, fannie mae, fannie mae and freddie mac, Federal, FHFA, Freddie, housing finance agency, joseph a smith, Joseph A. Smith Jr., Obama, Regulator, replacement, Selects Comments OffStocks mixed ahead of Fed meeting
October 29th, 2010 davidguide SAN FRANCISCO (MarketWatch) — Stocks were mixed Friday as investors shied away from bold moves ahead of a key U.S. Federal Reserve meeting next week. The Dow Jones Industrials Average fell 26 points to 11,130, while the Nasdaq Composite inched up less than a point to 2,516 and the S&P 500 lost 2 points to [...]
Posted in Business Structures Tags: ahead, CHICAGO-, cnn, dow jones industrials, dow jones industrials average, Federal, Friday, MarketWatch, meeting, mixed, nasdaq composite, news, SAN FRANCISCO, stocks, Stories, UPS, ups cargo Comments OffFed Holding HMDA Hearings
September 10th, 2010 davidguide The Federal Reserve Board has held two hearings on the Home Mortgage Disclosure Act . A third hearing is scheduled at the Federal Reserve Bank of Chicago during September. Also this month, the fourth and final HMDA hearing is scheduled at the Federal Reserve Board in Washington, D.C. View full post on Mortgage Stories
Posted in Business Loans Tags: Board, D.C., Federal, federal reserve bank, federal reserve bank of chicago, federal reserve board, hearing, Hearings, HMDA, Holding, home, home mortgage disclosure, home mortgage disclosure act, Mortgage, Reserve, Washington Comments OffSeven Things You Need to Know About Business Grants
February 21st, 2010 R. Flavin Now more than ever, businesses are trying to connect with Federal dollars through grants for businesses. There is a lot of misinformation and outright lies being spread about what is actually available and how businesses can connect with local, state and Federal dollars. This article lays out the facts about business grants and separates truth from fiction.
Posted in Angel Investors Tags: Business, Don, economic stimulus, Federal, federal grant program, free government money, Government, grant, information, nbsp, perception is not reality, R. FlavinArticle, renewable energy development, U.S. Comments Off
