Industry hopes for revamp of HUD manufactured-housing rules

Industry hopes for revamp of HUD manufactured-housing rules

WASHINGTON — Housing industry advocates are hopeful that the Department of Housing and Urban Development's review of its manufactured housing regulations will bring rules more in line with current building trends. The comment period on the HUD review, which was launched on Jan. 25, will end
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Berlusconi's Pick for Premier Says Allies No Longer Euroskeptic

Asked if he could lead a grand coalition with the center-left Democratic Party of Prime Minister Paolo Gentiloni, Tajani replied in a separate interview with Bloomberg Television's Flavia Rotondi: “Stability is crucial for Italy, for more investments in my country. Stability is important everywhere in Europe,
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Subservicing Product; Tax Changes' Impact on Business

Both Freddie Mae and Fannie Mae posted strong full-year incomes for 2017 despite that both also suffered fourth quarter losses courtesy of the new tax law. Fannie's comprehensive income was $2.5 billion after a loss of $6.7 billion in the fourth quarter. Freddie Mac's numbers for the two respective
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VIDEO TOUR and PHOTOS: Fort Wayne Habitat for Humanity's new ReStore will open soon

Revenue from the ReStore and mortgage payments from families who have moved into a Habitat house will cover all of the nonprofit ministry's operating costs — including construction of three to five homes per year — allowing it to use all donations to build more homes for families unable to buy a home
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Canada Remains Competitive Despite US Tax Cuts, Morneau Says

Canada led the Group of Seven in economic growth in 2017 but is poised to fall to third-place, behind the U.S. and Germany, according to a Bloomberg survey of economists. Read more about why Trudeau's team has little room for new spending. “We urge you to take decisive action now to bolster
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Ask Ray: Housing market predictions for 2018

Foreign investment in Seattle and Eastside will mean tougher competition for local buyers. The “Emerging Trends in Real Estate” report names Seattle as the nation's top real estate market in 2018. Our diverse economy, ample job opportunities, and an educated workforce will keep Seattle at the top.
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Mortgage fraud conviction ends Fil-Am judge's promising career

CHICAGO- A once promising judicial career has now ended for Filipino American Cook County circuit court Judge Jessica Arong O'Brien, who was convicted of a $1.4 million mortgage fraud scheme. She was found guilty of mail fraud affecting a financial institution and bank fraud on Feb. 15 at the
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Goldman Sachs over the hump on mortgage settlement obligations

Almost two years after settling mortgage securitization allegations with the Department of Justice and a group of states, Goldman Sachs has fulfilled more than half of its consumer relief commitment. Since the last settlement monitor's report in November, Goldman has forgiven more than $73.5 million in
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Celebrating 10 years as one of Fortune's “100 Best Companies to Work For®”

FORTUNE Magazine has once again published its annual “100 Best Companies to Work For®” list and I'm incredibly proud to see that Novo Nordisk has made the list for the tenth straight year in a row! Considering this amazing accomplishment, we decided to ask some Novo Nordisk employees why
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Tearful Magnit founder sells out to banking group VTB for $2.5 bln

SOCHI, Russia, Feb 16 (Reuters) – Russia'sSergey Galitskiy has stepped down as CEO at the Magnit supermarket chain he founded and sold most of his stake to state lender VTB for about 138 billion roubles ($2.5 billion), bringing Kremlin influence into the retail sector for the first time. Galitskiy, 50, who
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NJHMFA Celebrates Opening of Supportive Housing in Morris Township for Homeless Residents

MORRIS TOWNSHIP – New Jersey Housing and Mortgage Finance Agency (NJHMFA) staff today joined local officials to celebrate the opening of Carlton Supportive Housing, which will provide a permanent home for four homeless residents. The project received financing from NJHMFA's Special
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Mueller Accuses Russians of Pro-Trump, Anti-Clinton Meddling

U.S. Special Counsel Robert Mueller unveiled the details of a widespread and coordinated campaign by Russians to influence the U.S. presidential election in favor of Donald Trump, delivering on his initial mandate by the Justice Department. In an indictment announced Friday in Washington, Mueller
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Remember That Tesla Elon Musk Shot Into Space? It May Crash Back to Earth One Day

Earlier this month, Elon Musk's SpaceX launched its Falcon Heavy rocket into space, and with it, a red Tesla Roadster. The vehicle is now floating in space with a mannequin dressed as an astronaut in its front seat. But there's a chance its peaceful orbit could be interrupted one day by colliding with a
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Trading of Three Crypto-Linked Companies Suspended by Wary SEC

The U.S. Securities and Exchange Commission has halted trading in three companies that claimed acquisitions of assets tied to cryptocurrency and blockchain technologies, saying the agency had questions about their business operations and the value of their assets. Cherubim Interests Inc., PDX
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Mortgage broker in Derby (DE1) | CKB Recruitment

View details and apply for this mortgage broker job in Derby (DE1) with CKB Recruitment on RetailChoice. We are currently working with a fantastic mortgage broking business who are nowlooking for a hungry and experienced Buy To Let Mortgage Advisor/Broker to join their team of specialist mortgage
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Report Details Racial Discrimination Among Banks and Mortgage Lenders

Fifty years of the Fair Housing Act hasn't been enough to stop banks and mortgage lenders from discriminating against people of color. Some bad actors are worse than others, though the whole industry in the aggregate is hardly free from indictment.
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Markets Confront Death by a Thousand Cuts

That wasn't the case during the dot-com bubble in the late 1990s, when the Fed belatedly boosted the federal funds rate from 4.75 percent to 6.50 percent between June 1999 and May 2000. Similarly, central bankers waited too long to raise rates despite clear housing-market excesses in the early
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Why Marvel's 'Black Panther' Looks Like This Year's 'Wonder Woman'

Marvel's Black Panther got off to a strong start on Thursday night, setting up the latest Walt Disney superhero film for what could be a record-setting opening weekend. Deadline reports that Black Panther cleared $25.2 million in box-office sales for its run of Thursday night showings a day ahead of the
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Broadcom's 'Just Trust Us' Pitch Isn't Enough

It's clear Broadcom doesn't have a particularly high opinion of Qualcomm's licensing business model, with CEO Tan telling Bloomberg the target's management team hasn't recognized “the real world doesn't work that way anymore.” Broadcom has indicated it will radically restructure the operations, if not
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CFPB: Fair Lending Moves, New RFIs and Director Fight

In the most recent news, the CFPB's new five-year plan raises eyebrows; Mulvaney downgrades the Fair Lending Division and seeks out new Requests for Information (RFIs) on its supervision program, administrative actions and enforcement processes; and the never-ending battle over leadership
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