Louisiana lays out 3 housing options for flood victims

After flooding destroyed thousands of homes in Louisiana, the state stepped in to create housing options for the newly-displaced residents. This program seeks to very quickly to get people back int…

Source: Louisiana lays out 3 housing options for flood victims

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HSBC yanks massive PHH #mortgage servicing portfolio

It appears that PHH Corp. is dealing with a subservicing problem on its hands. For the second time in four months, the company is about to lose a large portion of its #mortgage portfolio. The detai…

Source: HSBC yanks massive PHH #mortgage servicing portfolio