HUD announces updates to loss mitigation options for borrowers
HUD announced a set of permanent options for mortgage servicers to help borrowers with Federal Housing Administration-insured single-family mortgages keep...
Mortgage
Fannie Mae, Freddie Mac credit score transition put on hold
A planned implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie has been paused...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 7.04% this week. The rate for a 15-year fixed-rate mortgage was 6.27%.
Trump nominates Pulte as FHFA director
President-election Trump nominated Bill Pulte as director of the Federal Housing Finance Agency. Pulte is CEO of private equity firm...
CFPB adjusts exemption thresholds for Reg C, Reg Z
The CFPB announced the annual threshold adjustments for asset-size exemptions from Regulation C, which implements the Home Mortgage Disclosure Act,...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.93%. The rate for a 15-year fixed-rate mortgage was 6.14%.
ABA DataBank: No early payoff
Mortgage prepayments remain unlikely to rise amid higher rates.
ABA joins groups in creating ROV white paper
ROV allows borrowers to request that appraisers re-assess the appraised value of a property due to potential reporting deficiencies or...
Analysis: Mortgage default risk rose in Q3 2024
Mortgage delinquency risk increased from 2.03% in the second quarter of 2024 to 2.12% for loans acquired in the third...
CFPB sues nonbank mortgage provider over alleged Truth in Lending Act violation
In a lawsuit brought against Vanderbilt Mortgage and Finance, the CFPB alleges the company manipulated lending standards when borrowers did...
