Obama to back mortgage finance reform to speed housing recovery
12. aBy situating loan officers in each HER office, both the customer and the real estate agent have immediate access to the loan officer,a RFC CEO Michael Isaacs said in a press release. aThis creates a streamlined homebuying experience with greater communication, so customers can close on their homes faster and with greater ease.a Residential Finance currently has 46 lenders at its Easton office and plans more hiring to fully staff HERas 60 offices, though itas unclear how many, spokeswoman Lili Macklin told me. It will maintain the Easton location. Residential Finance began shifting focus from refinancing to purchases about 18 months ago and hasnat been stung by rising rates as much as others, Macklin said.
NorthStar Realty Finance Announces Pricing of Public Offering of Common Stock
She did not name those ministers. The previous cabinet, also headed by Sheikh Jaber, resigned last week in a routine process following a general election. The July 27 vote was boycotted by the Islamist, nationalist and liberal opposition but saw turnout of 52.5 percent, sharply up on the record low of 40 percent in the previous election in December. The new cabinet is Kuwait’s 12th since 2006. The emirate has been hit by a series of political crises that have forced 11 cabinets to resign and parliament to be dissolved on six occasions.
These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements; the Company can give no assurance that its expectations will be attained. Forward-looking statements are necessarily speculative in nature, and it can be expected that some or all of the assumptions underlying any forward-looking statements will not materialize or will vary significantly from actual results. Variations of assumptions and results may be material. Factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in economic conditions generally and the real estate and bond markets specifically, completion of the offering on the terms described in the registration statement, the prospectus supplement relating to this offering and the accompanying prospectus, if at all, and use of proceeds from the sale of the common stock. Factors that could cause actual results to differ materially from those in the forward-looking statements are specified in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012 and its other filings with the SEC.
Kuwait forms cabinet with new oil, finance ministers
The departments of Treasury and Housing and Urban Development have been working on an outline for housing finance reform. They outlined several options in a white paper to Congress in 2011. After plunges in home values that wiped out an estimated $7 trillion in homeowner equity and wrecked many Americans’ finances, housing markets are staging a modest recovery. Obama, as part of a series of speeches pushing for steps to boost tepid economic growth, is focusing on housing issues in a speech in Phoenix, Arizona, in one of the regions hardest hit by the housing bust.