HUD Secretary Donovan issues statement on Obama Administration's proposed FY 2010 HUD budget

Feb 25, 2009

Art Silberman joins Chemtov Mortgage Group MortgagePress.comArt Silberman, Chemtov Mortgage Group, Miami Beach, senior vice president of business development Art Silberman has joined Chemtov Mortgage Group (CMG) as a senior vice president of business development. He is responsible for growing CMG's residential and commercial lending divisions, focusing on loans under $10 million. Silberman will be based at CMG's Miami Beach, Fla.-based office, located at 1691 Michigan Avenue, Suite 440. He may be reached at (305)455-1800 or by e-mail at [email protected]. For more information, visit www.chemtovmortgage.com.

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Feb 25, 2009

Analysis and Data

Home Sellers' Q1 Profit Margins Declined Quarterly, Annually

ATTOM reported decrease of 55.3% in the first quarter – the smallest level in more than two years.

ATTOM released its Q1 2024 U.S. Home Sales Report, revealing that profit margins for U.S. home sellers on median-priced single-family home and condo sales in the United States decreased to 55.3% in the first quarter – the smallest level in more than two years. The decline...

Regulation and Compliance

Mortgage Servicers Added To Junk-Fee Naughty List

New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.

The Consumer Financial Protection Bureau (CFPB) today published new supervisory highlights describing the regulator's recent actions to combat junk fees charged by mortgage servicers, as well as other illegal practices. The CFPB has also announced that it is working to addre...