Radian launches homeownership pilot program in Tucson

 · Bank of America is offering a limited number of its mortgage customers facing foreclosure the opportunity to turn over title to their homes to the bank but remain as tenants. The pilot program.

PHH Home Loans adds Steve Majerus as western regional executive PHH is the biggest U.S. outsourcer of home loans, processes and originates mortgages on behalf of small banks and some of the world’s largest financial firms, including Morgan Stanley and HSBC Holdings Plc. On October 4, 2018 Ocwen Financial completed its acquisition of PHH Corporation and is now a wholly owned subsidiary of Ocwen Financial Corp.Average time to foreclose sets new record of 631 days Statistics on new foreclosures in the first quarter 2014 suggest that on average, homeowners in California had missed 18 payments before foreclosure was started! And once foreclosure was started, with the recordation of a formal notice of default, another 429 days elapsed, on average, before the foreclosure sale.D.R. Horton’s homebuilding revenue grows 33% D.R. Horton, Inc. operates as a national homebuilder that engages in the construction and sale of single-family housing. It operates through the Homebuilding and Financial Services segments. The Homebuilding segment includes the sub-segments East, Midwest, Southeast

SAN DIEGO, Calif., Aug. 15, 2017 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s only independent mortgage cooperative, announces a new pilot with a focus on affordable lending support and education for select lenders that are members of TMC’s network, using educational resources and materials provided by Fannie Mae.

The program goal is to elevate homeownership in Tucson to at least 55 percent of the population – the level it was at prior to the economic downfall. Currently, statistics show less than 50 percent of Tucson’s adults now own a home – a stark contrast to the 65 percent average across the nation.

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As the premise for this program, Partners believes that working toward a livable community-one that attracts investments and jobs, retains and supports its population, and empowers its residents to.

The program is sponsored by Radian, a provider of private mortgage insurance, which enables homebuyers to purchase a home with less than a 20 percent down payment. Tucson was selected as the pilot city for the Ready, Set, Own! program, which may expand to additional communities across the United States.

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Oct. 15– Tucson was chosen as the pilot city for a community program to help more people become homeowners. Ready, Set, Own was created to provide potential homebuyers with information and.