CFPB names another acting deputy director Homebuilder confidence rises in August to highest since November 2005  · The National Association of Home Builders/Wells Fargo Housing Market Index released its statistics for September 2014 and reports builder confidence in the U.S. market for newly built, single-family homes rose for the 4th consecutive month. The gain for new construction is the highest rating since November 2005.As the acting deputy director of CFPB, Silberman will get the job if the Trump administration doesn’t act when Cordray leaves. If that occurs, however, it doesn’t seem likely to last long. Silberman will be seen as following in Cordray’s footsteps.

Posts about federal housing finance agency written by Ketron Property Management, Inc. ketron property management, Inc.. settlement would release the banks from legal claims on past servicing and foreclosure practices but would not provide any release on claims regarding securitizations.

The Federal Housing Finance Agency (FHFA) filed a lawsuit in federal court Monday against the city of Chicago contesting a local ordinance that makes lenders liable for the upkeep of vacant homes.

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The Federal Housing Finance Agency (FHFA) filed a lawsuit in federal court Monday against the city of Chicago contesting a local ordinance that makes lenders liable for the upkeep of vacant homes.

 · FHFA also announced a settlement this week with the City of Chicago over a vacant property lawsuit dating from 2011. The agency reached the settlement over the city’s vacant property ordinances, which put an end to a legal battle that has lasted more than two years. FHFA sued the City of Chicago in 2011 after the city changed its vacant and abandoned building ordinances to require mortgagees to register, secure and maintain foreclosed properties.

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A very worrisome lawsuit has been filed by the Federal Housing Finance Agency which oversees Fannie Mae and Freddie Mac, against the City of Chicago which recently passed an ordinance that requires mortgage holders to register vacant buildings 30 days after they become vacant or 60 days after a mortgage goes into default, whichever is later, pay a registration fee, keep the premises free of weeds or trash and make sure they are structurally sound.

The Federal Housing Finance Agency reached a settlement with the City of Chicago over the city’s vacant property ordinances, ending a 2 year legal battle.

 · The Federal Housing Finance Agency reached a settlement with the City of Chicago over the city’s vacant property ordinances, ending a 2½ year legal battle. The FHFA, as conservator of Fannie Mae and Freddie Mac , sued the city on December 12, 2011, after the city amended its vacant and abandoned building ordinances to require mortgagees to register, secure and maintain foreclosed properties.