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Loans

Department of Housing and Urban Development (HUD)
National

HUD Announces Extensions and Expansions of COVID-19 Homeowner Relief and Home Retention Measures

February 20, 2021February 19, 2021 - by MyChesCo

WASHINGTON, D.C. — The U.S. Department of Housing and Urban Development (HUD) announced extensions of the Federal Housing Administration’s (FHA) foreclosure and eviction moratoriums, as well as an extension of …

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banned
National

Federal Government Acts to Ban Payday Lender from Industry, Forgive Illegal Debt

February 15, 2021February 14, 2021 - by MyChesCo

WASHINGTON, D.C. — The owners and operators of a vast payday lending scheme that overcharged consumers millions of dollars will be permanently banned from the lending industry under the terms …

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Federal Housing Administration
National

Federal Housing Administration Issues Measures to Protect Borrowers Impacted by COVID-19

February 6, 2021February 4, 2021 - by MyChesCo

WASHINGTON, D.C. — The Federal Housing Administration (FHA) has issued a series of waivers of provisions in its Single-Family Housing Policy Handbook 4000.1 that would normally require in-person contact between mortgage servicers and …

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Meridian Bank
Business

Meridian Bank Named Top Mortgage Lender

February 4, 2021February 4, 2021 - by MyChesCo

MALVERN, PA — Meridian Bank announced recently that it has been named one of the Top Ten Mortgage Lenders in the U.S. according to a poll conducted by Secure Insight, …

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First Resource Bank
Finance

First Resource Bank Announces Tenth Consecutive Year of Record Annual Earnings

February 2, 2021February 2, 2021 - by MyChesCo

EXTON, PA — First Resource Bank (OTCQX: FRSB) announced financial results for the three months and year ended December 31, 2020.

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Federal Housing Administration
National

Federal Housing Administration Extends Forbearance Deadline on FHA-insured Mortgages

January 28, 2021January 27, 2021 - by MyChesCo

WASHINGTON, D.C. — The Federal Housing Administration (FHA) announced that it will execute the Biden Administration’s request to extend the deadline for borrowers with FHA-insured mortgages who are struggling financially due …

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US Small Business Administration
National / Small Business

SBA Improves First Draw Paycheck Protection Program Loan Review

January 27, 2021January 27, 2021 - by MyChesCo

WASHINGTON, D.C. — The U.S. Small Business Administration is taking steps to improve the First Draw Paycheck Protection Program loan review so that small businesses have as much time as possible …

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Consumer Financial Protection Bureau
National

Consumer Financial Protection Bureau Sues 1st Alliance Lending, LLC and Its Principals for Alleged Unlawful Mortgage Lending Practices

January 19, 2021January 19, 2021 - by MyChesCo

WASHINGTON, D.C. — The Consumer Financial Protection Bureau recently filed a lawsuit against 1st Alliance Lending, LLC, John Christopher DiIorio, Kevin Robert St. Lawrence, and Socrates Aramburu for allegedly engaging …

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Small Business Administration
Business / National

SBA Re-Opens PPP to Community Financial Institutions First

January 13, 2021January 12, 2021 - by MyChesCo

WASHINGTON, D.C. — The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal this week. SBA states it is continuing its dedicated …

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Federal Housing Administration
National

Federal Housing Administration Announces Updated Single Family Loan-Level Certification Form

December 29, 2020December 26, 2020 - by MyChesCo

WASHINGTON, D.C. — The Federal Housing Administration (FHA) recently announced the completion of its revised and streamlined loan-level certification form required from lenders when originating a single-family mortgage intended for …

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Chester County Events

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    • 03/04/2021
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Recent Articles

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