Light To Guide Our Feet
Light To Guide Our Feet

Menu

Collapse

Search Result

Collapse

Announcement

Collapse
No announcement yet.

What's Going On

Collapse

There are currently 67 users online. 4 members and 63 guests.

Most users ever online was 3,930 at 07:07 PM on 04-20-2019.

4 results in 0.0064 seconds.
Keywords
Members
Tags
residential x
  •  

  • Agencies issue Final Rule to Exempt Residential Real Estate Transactions of 400,000 Dollars or Less from Appraisal Requirements

    Agencies issue Final Rule to Exempt Residential Real Estate Transactions of $400,000 or Less from Appraisal Requirements| site |


    Board of Governors of the Federal Reserve System
    Federal Deposit Insurance Corporation
    Office of the Comptroller of the Currency
    (September 27, 2019) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have adopted a final rule that increases the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000. The appraisal threshold was last changed in 1994. Given price appreciation in residential real estate transactions since that time, the change will provide burden relief without posing a threat to the safety and soundness of financial institutions. For transactions exempted from the appraisal requirement, the final rule requir
    ...
    See more | Go to post

  • U.S. Department of Housing and Urban Development and Census Bureau Report Residential Construction Activity in August 2019

    U.S. Department of Housing and Urban Development and Census Bureau Report Residential Construction Activity in August 2019| site |



    (September 18, 2019) - - Today, the U.S. Department of Housing and Urban Development published the following information:

    WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for August 2019.








    Building Permits Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,419,000. This is 7.7 percent (±1.2 percent) above the revised July rate of 1,317,000 and is 12.0 percent (±1.6 percent) above the August 2018 rate of 1,267,000. Single-family authorizations in August were at a rate of 866,000; this is 4.5 percent (±0.8 percent) above the revised July figure of 829,000. Authorizations of units in...
    See more | Go to post

  • Federal Reserve Board fines Citigroup 8.6 Million Dollars for the Improper Execution of Residential Mortgage-related Documents and Announces Termination of 2011 Enforcement Action

    Federal Reserve Board fines Citigroup $8.6 Million for the Improper Execution of Residential Mortgage-related Documents and Announces Termination of 2011 Enforcement Action




    (August 10, 2018) - - The Federal Reserve Board on Friday announced an $8.6 million fine against Citigroup for the improper execution of residential mortgage-related documents. The $8.6 million penalty addresses the deficient execution and notarization of certain mortgage-related affidavits prepared by a subsidiary, CitiFinancial. The improper practices occurred in 2015 and were corrected. CitiFinancial exited the mortgage servicing business in 2017. Also on Friday, the Board announced the termination of an enforcement action from 2011 against Citigroup and CitiFinancial related to residential mortgage loan servicing. The termination of this action was based on evidence of sustainable improvements....
    See more | Go to post

  • U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018

    U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018






    Washington, DC - - (June 19, 2018) - - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for May 2018.






    Building Permits: Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,301,000. This is 4.6 percent (±1.4 percent) below the revised April rate of 1,364,000, but is 8.0 percent (±1.3 percent) above the May 2017 rate of 1,205,000. Single-family authorizations in May were at a rate of 884,000; this is 2.2 percent (±1.0 percent) below the revised April figure of 863,000. Authorizations of units in buildings with five units...
    See more | Go to post

Menu

Collapse

Trending

Collapse

  • Staff Reporter 1
    Agencies issue Final Rule to Exempt Residential Real Estate Transactions of 400,000 Dollars or Less from Appraisal Requirements
    by Staff Reporter 1
    Agencies issue Final Rule to Exempt Residential Real Estate Transactions of $400,000 or Less from Appraisal Requirements| site |


    Board of Governors of the Federal Reserve System
    Federal Deposit Insurance Corporation
    Office of the Comptroller of the Currency
    (September 27, 2019) - - Today, the Board of Governors of the Federal Reserve System published the following information: The Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency have adopted a final rule that increases the threshold for residential real estate transactions requiring an appraisal from $250,000 to $400,000. The appraisal threshold was last changed in 1994. Given price appreciation in residential real estate transactions since that time, the change will provide burden relief without posing a threat to the safety and soundness of financial institutions. For transactions exempted from the appraisal requirement, the final rule requir
    ...
    09-27-2019, 08:47 PM
  • Staff Reporter 1
    U.S. Department of Housing and Urban Development and Census Bureau Report Residential Construction Activity in August 2019
    by Staff Reporter 1
    U.S. Department of Housing and Urban Development and Census Bureau Report Residential Construction Activity in August 2019| site |



    (September 18, 2019) - - Today, the U.S. Department of Housing and Urban Development published the following information:

    WASHINGTON - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for August 2019.








    Building Permits Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 1,419,000. This is 7.7 percent (±1.2 percent) above the revised July rate of 1,317,000 and is 12.0 percent (±1.6 percent) above the August 2018 rate of 1,267,000. Single-family authorizations in August were at a rate of 866,000; this is 4.5 percent (±0.8 percent) above the revised July figure of 829,000. Authorizations of units in...
    09-20-2019, 01:39 AM
  • Staff Reporter 1
    Federal Reserve Board fines Citigroup 8.6 Million Dollars for the Improper Execution of Residential Mortgage-related Documents and Announces Termination of 2011 Enforcement Action
    by Staff Reporter 1
    Federal Reserve Board fines Citigroup $8.6 Million for the Improper Execution of Residential Mortgage-related Documents and Announces Termination of 2011 Enforcement Action




    (August 10, 2018) - - The Federal Reserve Board on Friday announced an $8.6 million fine against Citigroup for the improper execution of residential mortgage-related documents. The $8.6 million penalty addresses the deficient execution and notarization of certain mortgage-related affidavits prepared by a subsidiary, CitiFinancial. The improper practices occurred in 2015 and were corrected. CitiFinancial exited the mortgage servicing business in 2017. Also on Friday, the Board announced the termination of an enforcement action from 2011 against Citigroup and CitiFinancial related to residential mortgage loan servicing. The termination of this action was based on evidence of sustainable improvements....
    08-16-2018, 05:15 AM
  • Staff Reporter 1
    U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018
    by Staff Reporter 1
    U.S. Department of Housing and Urban Development and U.S. Census Bureau Report Residential Construction Activity in May 2018






    Washington, DC - - (June 19, 2018) - - The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for May 2018.






    Building Permits: Privately owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,301,000. This is 4.6 percent (±1.4 percent) below the revised April rate of 1,364,000, but is 8.0 percent (±1.3 percent) above the May 2017 rate of 1,205,000. Single-family authorizations in May were at a rate of 884,000; this is 2.2 percent (±1.0 percent) below the revised April figure of 863,000. Authorizations of units in buildings with five units...
    06-22-2018, 07:04 AM

Menu

Collapse

Menu

Collapse

Working...
X