CFPB releases supervisory highlights on mortgage servicing
The CFPB released a supervisory highlights report covering key findings and supervisory actions in mortgage servicing.
Mortgage
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.1% this week, up from last week when it averaged 6.88%.
Federal Home Loan Banks support for affordable housing grew in 2023
Federal Home Loan Banks awarded $446.9 million through their affordable housing programs in 2023, almost $180 million more than in...
Fannie Mae, Freddie Mac issue guidance on real estate agent commissions
Fannie Mae and Freddie Mac issued guidance regarding the treatment of property seller-paid buyer agent fees under the enterprises’ interested...
CFPB: More borrowers paying upfront fees to lower interest rates on mortgages
The percentage of homebuyers paying discount points roughly doubled from 2021 to 2023, according to the bureau, which noted that...
Nichols highlights regulatory lawsuits at American Mortgage Conference
With four active lawsuits against regulatory agencies, ABA President and CEO Rob Nichols emphasized Monday that filing a lawsuit is...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 6.88% this week, up from last week when it averaged 6.82%.
VA to launch new program to help veterans keep their homes
The Department of Veterans Affairs will launch a new program in May to help more than 40,000 veterans experiencing severe...
FHFA, state regulators to share info on nonbank mortgage providers
FHFA has entered into a formal agreement with the Conference of State Bank Supervisors to facilitate information sharing with respect...
FDIC unveils updated financial inclusion strategic plan
The FDIC has released an updated financial inclusion strategic plan that calls on the agency to take steps to encourage...
