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Former Fannie Mae chief named as CEO of Silicon Valley Bank N.A.

Housing Wire

The Federal Deposit Insurance Corporation (FDIC) has named former Fannie Mae CEO and Blend president Tim Mayopoulos as CEO of Silicon Valley Bank N.A. , After being promoted to CEO in 2012, Mayopoulos returned Fannie Mae to profitability, delivering more than $167 billion in dividends to the U.S.

Insurance 355
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Wolters Kluwer appoints Vikram Savkar as EVP and GM

Housing Wire

Savkar has been a part of Wolters Kluwer since 2012, when he joined as vice president and general manager of the Legal & Regulatory division. During his tenure, he played a crucial role in accelerating the growth of the company’s international legal business.

Legal 257
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HUD declares FHA once again backing DACA mortgages

Housing Wire

HUD said DACA recipients who are legally permitted to work in the U.S. Secretary Carson and I posted a waiver and other documents to the HUD website that makes clear DACA status recipients are now eligible to apply for mortgages insured by the Federal Housing Administration,” former HUD Deputy Secretary Brian Montgomery said.

Mortgage 546
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Fannie Mae and NAR at odds over flood-risk disclosures

Housing Wire

housing entities are at odds over the future of the federal government’s cash-strapped flood insurance program. NAR, meanwhile, no longer wants to see states excluded from the federal government’s flood insurance program due to not meeting FEMA standards. After Hurricane Sandy in 2012, Congress increased NFIP’s borrowing limit to $30.5

Insurance 340
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New FHA Eligibility for DACA Recipients!

On Q Financial

Established in June of 2012, Deferred Action for Childhood Arrivals, or DACA, granted special protections for undocumented children who entered the country under the age of 16 and were under 31 at the time. Among other protections, DACA allows recipients to legally work in the U.S. are not eligible for FHA-insured mortgages.”

Law 42
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3 Things You Should Know About Preliminary Title Reports

Zillow

The title company compiles the report from a search of county records to issue title insurance, and any liens against the property are listed as "exceptions" to a title policy. The legal description The legal description is everything you won't see in any real estate agent marketing or advertising.

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Welcoming All Colors of the Rainbow to Homeownership

Will Springer Realtor

In 2006, the Legislature added sexual orientation and gender identity to the list of protected classes for a range of areas from employment, real estate transactions and insurance coverage. The portion of American adults who identify as LGBTQ+ is 7.2%, double the figure since 2012. Washington, where 5.2% Gen Z and 11.2%