HUD APPROVES $37.1 MILLION MORTGAGE TO RENOVATE AND EXPAND ACUTE CARE HOSPITAL IN MOUNT VERNON, OHIO --

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today announced a commitment to insure a mortgage loan for Knox Community Hospital in Mount Vernon, Ohio. The $ 37.1 million loan is made possible through the Federal Housing Administration’s (FHA) Section 242 Hospital Mortgage Insurance Program.

BBVA Compass to bring mortgage center, 100 jobs to Tempe --

Lender BBVA Compass plans to open a mortgage operation center in Tempe, Ariz., creating 100 new jobs for mortgage professionals in the area.
The center, the fourth for BBVA Compass, will help the bank serve its growing portfolio of mortgage business in the Sunbelt, BBVA Compass said in a statement. Birmingham, Ala.-based BBVA Compass is a […]

Fed appoints director of banking supervision --

The Federal Reserve Board named Michael Gibson director of the Division of Banking Supervision and Regulation, replacing Patrick Parkinson. In his new role, Gibson will play a key role in dealing with Basel III capital-adequacy issues and the oversight of major banks.
Patrick Parkinson is retiring from the role after serving the Fed Board for three […]

Las Vegas notary public guilty in robo-signing scheme found dead --

A Las Vegas notary public who was scheduled to be sentenced for her part in a foreclosure robo-signing scheme was found dead in her home Monday after she failed to show up for sentencing.
NBC's KSNV-TV out of Las Vegas reported the death on Tuesday afternoon, and the Nevada Attorney General's Office confirmed it to HousingWire […]

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FHFA names full-time chief operating officer --

Federal Housing Finance Agency Acting Director Edward DeMarco Tuesday announced the appointment of a full time chief operating officer.
Richard Hornsby will take the position of COO. Hornsby served at the Federal Reserve Bank of San Francisco for 26 years, holding a variety of senior level management and banking supervision positions.
Hornsby replaces Steve Cross, who became […]

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