Radian takes $131M charge ahead of Clayton Holdings restructuring

Former exec from HUD’s Ginnie Mae program joins Ainsworth Advisors The senate banking committee earlier today held a hearing to examine nominees for two key HUD positions: Michael Bright to serve as President of Ginnie Mae and Rae Oliver Davis to serve as HUD’s Inspector General (IG). While both nominees appeared to enjoy bipartisan support, several Committee Democrats questioned Bright’s views on housing finance reform.Freddie Mac raises origination forecast based on lower rates, more refis Equity-rich properties rise as fewer go underwater Slower price growth helps homebuyers, hurts underwater mortgages With mortgage rates as low as they are, what’s holding back the housing market this spring?. As March fades into April this week, the traditional homebuying season should be fully underway. But is it? Spring traditionally plays host to hordes of eager homebuyers for a few reasons:As more homeowners decide to age in place, the amount of equity-rich properties continues to rise, according to Attom Data Solutions. Equity-rich homes – those with a loan-to-value ratio of 50% or lower – totaled nearly 14.6 million in the fourth quarter of 2018, up from 13.7 million the year prior and an edge up [.] · Traders predict the Federal Open Market Committee, meeting today in Washington, will lower the overnight lending rate by a full percentage point or more, based on futures prices in Chicago. That would be the biggest reduction since 1984, when Paul Volcker led the central bank, and would bring the benchmark rate down to 2 percent.

CITRUS COUNTY CHRONIC Iz~ Around the state citrus county republicans slate Christmas Social The North Suncoast Re-publican Club will have its annual Christmas Social from 2 to 4 p.m. Saturday, Dec. 14, at Sugarmill Woods Country Club. All registered Republicans are invited. Tickets are $15 per per-son and can be purchased from any club officer listed

LOOKING AHEAD We remain hopeful for an economic rebound due to the monetary and fiscal stimulus that has occurred to date. However, we do expect the negative corporate earnings environment to continue for the rest of 2001, since there is typically a lag between interest rate reductions and.

PHILADELPHIA, Nov 22, 2017 (BUSINESS WIRE) — Radian Group Inc. RDN, -0.09% today announced that it has completed the sale of Clayton EuroRisk, a provider of outsourced mortgage services in Europe.

Radian Group announces Rick Thornberry to its Board of Directors as upcoming CEO February 9, 2017 By Talent4Boards Team Comments are Off Board – USA / Can. , Board Listed/Public Companies – USA, PA – Radian Group Inc. (NYSE: RDN), today announced that Richard G. Thornberry, 58, has been appointed chief executive officer and a member of the.

New documents give hope to Fannie shareholders seeking redress "In my view, they either have to give her her citizenship or seek a stay," said Lorne Waldman, one of Ishaq’s lawyers. "We’re waiting to see what they are planning to do." People seeking to appeal..

Jordan Bettman Partner. Jordan is a Partner and Co-founder of Radian Capital. Prior to Radian, he focused on financial services.

at 2:47 p.m. Monday on a charge of a sexual offender failing to register with the department. Bond $25,000. State Probation-Arrest N Marc Michael Raymond, 29, 1117 Maplenut Way Apt. 6, Inverness, at 10:30 a.m. Tuesday on a violation of probation charge in reference to original various felony arrests. Raymond failed to pay pro-bation fines. No bond.

Home equity alternative Point raises $122M in new funding Homeownership investment company Point raises $122 million Homeownership investment company Point just landed a major cash infusion that will fund its plans to help more Americans access their home equity without incurring debt. The Silicon Valley company raised $100 million in platform capital from Kingsbridge Wealth Management – bringing its total platform capital to $265 [.]People on the move: May 3 Subscribe now to search our database of 15953 Pittsburgh Business Times People on the Move submissions and download their contact information.. . The material on this site may not be reproduced.

Radian Group said Tuesday it agreed to buy Clayton Holdings for $305 million in cash, which includes repayment of Clayton’s debt. The seller is Greenfield Partners, which acquired Clayton in 200.

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We’ll need to take up references hamilton pharmacy hours The chairman of the House Agriculture Committee, FrankLucas, who would be in charge of House-Senate negotiations on afarm bill, said in a broadcast interview on Wednesday there wasno consensus among House Republicans on food stamp cuts. Ifthere is no agreement by next week, he said, the.

Foreclosure activity is at the lowest level in over a decade It was the lowest level of foreclosure activity since the second quarter of 2006. "Legacy foreclosures from the high-risk loans originated between 2004 and 2008 have largely been cleared out of the distressed market pipeline," says Daren Blomquist, senior vice president at ATTOM Data Solutions, in a statement.