September 24, 2013

5 Years Later – A Housing Market on the Rebound

Cross posted from Zillow.com I will never forget the uncertainty that loomed over our nation five years ago, when a financial collapse on Wall Street spurred the worst economic crisis since the Great Depression. At the time, I was serving as a commissioner in New York City. I vividly remember being in City Hall when […]

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May 21, 2013

National Mortgage Settlement Provides Relief for more than 620,000 Homeowners, Including Vinel Cooper in Pennsylvania

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The nation’s largest mortgage servicers have distributed $50.63 billion in direct relief to over 620,000 homeowners, or roughly $81,000 per homeowner as part of the National Mortgage Settlement, according to a progress update released today by independent settlement monitor Joseph A. Smith of the Office of Mortgage Settlement Oversight. Over one year ago, the Department […]

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