Jon Kiper joins the race for NH governor

Jon Kiper “I want to represent the people really struggling in this state,” said Jon Kiper, the Newmarket restauranteur vying for the Democratic gubernatorial nomination, who proclaims “New Hampshire deserves a working-class governor.” Kiper is the maverick and the long shot in a race paced by former Manchester Mayor Joyce…

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Hallelujah! HUD finally updates, expands 203(k) program

The U.S. Department of Housing and Urban Development (HUD) on Tuesday announced that it has published updated policies for its 203(k) Rehabilitation Mortgage Insurance Program, in an effort to “modernize the program and enhance its usefulness for individuals and families seeking affordable financing for renovating or rehabilitating a single-family home…

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FHLBank Chicago adopts VantageScore 4.0 model

The Federal Home Loan Bank of Chicago (FHLBank Chicago) and consumer credit scoring system VantageScore announced on Tuesday that the bank is now accepting mortgage collateral using VantageScore 4.0, an updated version of the scoring system using trended credit bureau data. “[M]ember financial institutions can now pledge mortgage collateral using…

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