Brian Montgomery on the Future of FHA

first_img Share Save The Hon. Brian D. Montgomery, FHA Commissioner and Assistant Secretary for Housing, U.S. Department of Housing and Urban Development, headlined a powerful lineup of industry professionals who gathered Monday as part of the Legal League 100 Servicer Summit. A long-running industry tradition, this latest Summit unfolded as part of the annual Five Star Conference and Expo at the Hyatt Regency in Dallas, Texas.Montgomery spoke about his return to HUD during a Q&A with Five Star Institute President and CEO Ed Delgado. Having served as FHA Commissioner from 2005 to January 2009, Montgomery stepped back into the role in May 2018, following his nomination by President Donald J. Trump and confirmation by the Senate. Montgomery also previously served as Vice Chairman of The Collingwood Group and, before initially joining HUD, he worked in the Executive Offices of President George H.W. Bush and President George W. Bush.Montgomery’s Q&A came amidst a day filled with networking and education opportunities at the Summit, a biannual event that brings together the League’s lineup of financial services attorneys, servicing professionals, and government representatives.In addition to Montgomery’s Q&A, the day’s lineup included a morning keynote address by Marion McDougall, EVP & Chief Loan Administration Officer, Caliber Home Loans. The bulk of the event was divided between a half-dozen 45-minute sessions focused on a variety of topics and featuring the insights of subject-matter experts and industry professionals.First up was “Working Smarter: Developing Effective Loss Mitigation Procedure,” which explored recent regulatory and litigation developments, as well as what procedures financial services law firms should develop to ensure full compliance. The “Pulling in the Same Direction: Collaborating to Improve Title Processes” session ran concurrently, focused on how servicers and law firms can partner to reduce title errors that can mean the difference between the transfer of an unencumbered property and lengthy litigation.After the 10 a.m. Networking Break, the Summit picked back up with a pair of simultaneous roundtable sessions: “Keeping up With the Code: Adaptive Bankruptcy Practices” and “Litigation Developments: The Rulings That Make the Rules.” Before the lunch break at noon, attendees were able to take in both the “Creative Management: Maintaining Viability in a Low-Volume Environment” and “Inside the Lines: Navigating Emerging Regulatory Concerns” sessions.Montgomery’s Q&A followed the lunch break, then led into the Servicer Super Session, in which Legal League 100 Chair Roy Diaz discussed trends and collaboration with a panel that included Allen Myers, Assistant General Counsel, VP, Mortgage Banking, JPMorgan Chase; Stephen Staid, SVP, PHH Mortgage; Ruth Price, First VP, Compliance & Oversight, Bayview Loan Servicing; and Ramie Word, SVP, Performing Servicing, Mr. Cooper.This week’s Legal League 100 Summit was sponsored by a360, Auction.com, BDF Law Group, McCalla Raymer Leibert Pierce, McCarthy Holthus, ProVest, Robertson Anschutz & Schneid, and Stern & Eisenberg.To learn more about the Legal League 100, visit the official website. The Best Markets For Residential Property Investors 2 days ago Brian Montgomery on the Future of FHA The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: David Wharton Servicers Navigate the Post-Pandemic World 2 days ago Five Star Conference FSC 2018 Legal League 100 LL100 LL100 Summit 2018-09-17 David Wharton Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe Previous: Paladin Advisory Services Adds New Loan Quality Expert Next: Experts Talk Property Management, Investment, and Servicing in Daily Dose, Featured, Government, Journal, News, Servicing Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Postcenter_img Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Brian Montgomery on the Future of FHA Tagged with: Five Star Conference FSC 2018 Legal League 100 LL100 LL100 Summit The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily September 17, 2018 4,392 Views last_img read more

Investigation launched into Union president’s alleged rule breach

first_imgAs soon as a date is agreed upon, former Union officials – at least one of whom is supposed to be a qualified lawyer – will assemble to hear the case.The dates on which the hearings will occur will be decided by the SDC members themselves, but constitutionally must take place within 28 days of the official summons.The decision to appoint two unelected members is reportedly highly likely to be struck down, with Hawa and Joel to then be removed from the Standing Committee, according to numerous sources within the Union.Allegedly, Zabilowicz is unlikely to face further disciplinary proceedings himself as it will be near impossible to prove that any rule breach was committed intentionally.Under the terms of the Union rules, the SDC can then elect to expand the scope of their inquiry to consider any other possible rule breach, an option that Cherwell understands is a distinct possibility.The Union rulebook states further that any accused party and any member of Standing Committee holds the right to appear before the SDC and present evidence, that no person is required to give evidence that might incriminate themselves, and that no person can be convicted unless “the Committee is satisfied beyond all reasonable doubt”.Oxford Union president Chris Zabilowicz said in a statement to Cherwell: “I appreciate the efforts of the Cherwell Editors to amend the significant number of errors in their lead article dated Friday 20th October.“As their now amended article highlights, a Senior Disciplinary Committee will be convened simply to consider a ruling I made in Trinity 2017, and has no bearing on my position as President.“I hope, now, the focus can return to fulfilling the potential this term at the Oxford Union has to be a positive and engaging one.”An earlier version of this article published in Cherwell’s print edition (20/10/17) wrongly suggested that Oxford Union President Chris Zabilowicz was under investigation for “electoral malpractice”, that he was currently the defendant in this investigation, that he had “placed” the unelected officers onto the Union’s Standing Committee, and that he could be impeached directly as a result of the process. Cherwell would like to clarify that Zabilowicz is not as yet a defendant in the case, is not facing allegations of “electoral malpractice”, cannot face impeachment directly as a result of the process, and that the two unelected members of the committee were appointed by its existing members. We apologise for any confusion or upset caused. A formal investigation has been launched into the allegedly illegitimate decision by Oxford Union President Chris Zabilowicz to expand the Union’s Standing Committee.A Senior Disciplinary Committee (SDC) – the Union’s second-highest disciplinary body – is to be convened within the next several weeks to investigate claims that Zabilowicz breached Union rules by allowing two unelected members to be appointed to senior committee positions.Due to changes brought in under the presidency of Michael Li, the Standing Committee was set to increase from five to seven members, with an amendment stipulating that the new rule would take effect following the Michaelmas Term 2017 elections.After becoming President, Zabilowicz passed an interpretative ruling bringing forward the expansion to the close of Trinity term, which allowed Kaleem Hawa and Grace Joel to be appointed to the committee, the latter of whom had previously failed in her attempt to be elected.In an official notice issued at the time justifying the decision Zabilowicz stated: “Although the second schedule states that the first election affected will be that in Michaelmas Term 2017, it also states that the Rules change shall ‘take effect immediately’… I have therefore decided to issue a binding Ruling that this Rules change is now in effect… There should now be seven Elected members of the Standing Committee.”A subsequent notice calling for applicants for the position was displayed on the Union board during 9th Week of Trinity for four days, before an Emergency Committee Meeting lasting just six minutes on 26 June saw Hawa and Joel appointed to the Committee by its existing members, including Zabilowicz and other senior officers.Cherwell spoke to several influential figures within the Union who claimed that a process is now underway to assemble those eligible to sit on the SDC which will scrutinise Zabilowicz’s ruling.last_img read more

Fraser stands tall against Klautky … takes home Bakewell Junior Open Girls U-14 title

first_imgIN THE Bakewell Junior Open Girls U-14 Lawn Tennis tournament which finished last Saturday, Kalyca Fraser pulled off a comeback win to secure the title. At the beginning of the match, Fraser was off to a slow start, immediately going down to Klautky 0-1. Both players were without a commanding serve and traded service breaks until Fraser held serve to go up 3-2. She then broke Klautky to take the set at 4-2.In the second set, Fraser lost her first serve to once again trail 0-1. Klautky then held serve to go up 2-0 but Fraser rallied back with increasingly angled approach shots to win three straight games to pull ahead at 3-2.Klautky then maintained good standing with a flurry of solid groundstrokes at game points to hold serve to level at 3 and break again to go up 4-3. But Fraser broke back to force the tie-breaker. Both players improved their consistency dramatically trading points to 6-6 when Fraser made a crucial double fault that turned out to a be a confidence-booster for Klautky, who won the point then the set at 5-4(8-6) to force the third set tie-breaker.In the third set tie-breaker it was clear that both players were tiring, since they both missed good opportunities to win. However being up at 5-4 Fraser became overconfident and aggressive which led to many unforced errors at the net, giving Klautky three critical points to go up 7-5.Learning from her mistakes, Fraser settled and caused trouble for Klautky with her crosscourt forehand for the next four points to go up 9-7, as Klautky became visibly frustrated at her weak service game. After Klautky managed to win one point, Fraser was able to close out the match at 4-2 4-5(6-8), 10-8.Leading up to the match, Klautky defeated Nathalie Ramdyhan in the semis 4-0 and 4-2 while Fraser defeated Ciara Pooran 4-0 and 4-3.last_img read more

32Red enters Middlesbrough FC principal partnership

first_img EFL announces that all non-Sky Sports fixtures will be available to stream August 27, 2020 Middlesbrough Football Club has entered into agreements with the Kindred Group, which will see a duo of its brands go into close relations with the EFL (English Football League) Championship side.Online casino 32Red has firstly been announced as the club’s new principal shirt sponsor, with the three year deal marking a “record breaking” partnership.This is to see the logo of 32Red adorn the Middlesbrough FC first team jerseys, as well as adult replica shirts, with Unibet also securing branding rights as part of the deal.The online sports betting site will display itself across the Boro first team training wear, in addition to the adult replica versions.As well as seeing 32Red and Unibet take pride of place across the Hummel designed kit, fans are to also benefit through the agreement, via chances to win “unique, money can’t buy” opportunities.Neil Banbury, General Manager of the UK at the Kindred Group, commented: “We are delighted to partner with Middlesbrough, a club steeped in tradition with some of the most passionate and loyal fans in the country.“It will be an honour to see our brand adorn the kits at the famous Riverside as we look to support the team in going one further this season and gaining promotion back to the Premier League.“We look forward to building on our history of successful football sponsorships by providing Boro fans the excitement and entertainment that has made 32Red an industry-leader in online casinos.”Neil Bausor, Chief Executive at Middlesbrough FC, added: “We’re hugely excited by this partnership and how it can benefit all those involved, including our supporters.“32Red is an innovative brand with a demonstrable interest in football, and we look forward to our relationship going from strength to strength over the next three years.“We’d like to take this chance to thank the Kindred Group for their support.” StumbleUpon Submit QPR names Football Index as new shirt sponsor August 21, 2020 Mace launches EQ Connect to solve the industry’s ‘single view’ conundrum on identifying risk  August 10, 2020 Share Related Articles Sharelast_img read more