Fall guy? FHA cites First Guaranty on loans

AFP

The Federal Housing Administration’s Mortgagee Review Board today announced a settlement agreement with a Virginia-based mortgage lender for failing to apply FHA’s underwriting standards when approving loans. Among the alleged violations, the MRB claimed First Guaranty Mortgage Corporation ignored blemished credit and payment histories, approved loans with debt-to-income ratios that exceeded HUD’s benchmarks, and permitted…

#2 UVa. men's lax upset by Johns Hopkins

Chris Graham

Steele Stanwick had three goals and four assists for the No. 2 Virginia Cavaliers (7-2), but it wasn’t enough as the No. 11 Johns Hopkins Blue Jays (6-2) broke a six-game losing streak to UVa with a 12-11 triumph on Saturday afternoon, inside Homewood Field. Johns Hopkins captured the Doyle Smith Cup for the first…

Jim Bishop: Enter March Madness – bring it on!

Jim Bishop

“Here comes the sun, here comes the sun, and I say it’s all right.” – The Beatles, 1969 January creeps by more slowly than fund appeals on public broadcasting. February slips by faster than the time period between hitting the sack Sunday night and the grating buzz of the alarm clock Monday morning. March pounces…

Cuccinelli will push for Supreme Court hearing of health-care appeal

Chris Graham

Virginia Attorney General Ken Cuccinelli said Thursday that Virginia will file a petition to ask the United States Supreme Court to take Virginia’s health care lawsuit without first waiting for review by a federal court of appeals. “Given the uncertainty caused by the divergent rulings of the various district courts on the constitutionality of the…

The umpire strikes back

Chris Graham

It didn’t take me doing the quick bio check on Henry Hudson to figure out his political proclivities. (For the record, Hudson, the judge who ruled Monday that the purchase mandate that is key to the implementation of the health-care reform signed into law in March, was appointed to the federal bench by George W….

Judge: Purchase mandate in health-care reform is unconstitutional

Chris Graham

The mandate to taxpayers to purchase health insurance that is a key provision in the health-care reform signed into law in March is unconstitutional, a federal judge in Virginia ruled Monday. “On careful review, this Court must conclude that Section 1501 of the Patient Protection and Affordable Care Act – specifically the Minimum Essential Coverage…

‘Hoos pull upset of Tech in ACC opener

Chris Graham

A desperation Dorenzo Hudson three-pointer fell short, leaving a second-half comeback attempt by Virginia Tech short as Virginia knocked off its in-state rival 57-54 Sunday night. Virginia (5-3, 1-0 ACC) jumped out to an early 10-2 lead and led the Hokies by as many as 14 in the first half. Tech (4-4, 0-1 ACC) closed…

'Hoos pull upset of Tech in ACC opener

Chris Graham

Cavs lead throughout, hold off Tech rally A desperation Dorenzo Hudson three-pointer fell short, leaving a second-half comeback attempt by Virginia Tech short as Virginia knocked off its in-state rival 57-54 Sunday night. Virginia (5-3, 1-0 ACC) jumped out to an early 10-2 lead and led the Hokies by as many as 14 in the…

ACC Football Players of the Week

AFP

No love for Hokies after rivalry win over ‘Hoos Florida State senior guard Rodney Hudson and the Maryland tandem of junior wide receiver Torrey Smith and freshman quarterback Danny O’Brien headline a list of six players honored as the Atlantic Coast Conference Football Players of the Week, announced Monday by the ACC. Not only did…