Mortgage Metrics Report: Share of performing mortgages rises in Q4
The share of current and performing first-lien mortgages in the fourth quarter of 2022 was 97.1%, up from 96.4% a...
Mortgage
GSEs update deferral policies to allow for six-month payment deferrals
Fannie Mae and Freddie Mac will allow borrowers facing hardships to defer up to six months of mortgage payments under...
Americans expect slower growth in home prices in 2023
U.S. households expect home prices to grow 2.6% over the next 12 months, down sharply from 7% a year ago,...
Podcast: Crisis response with the most vulnerable in mind
Revisit the critical days of March and April 2020 in Washington on the latest episode of the ABA Banking Journal...
FHFA seeks input on rollout of new credit score models
With the Federal Housing Finance Agency working to replace the classic FICO credit score model with the FICO 10T and...
FHFA to delay new DTI ratio-based fee due to operational concerns
The Federal Housing Finance Agency will delay the implementation of a new debt-to-income ratio-based fee until Aug. 1 to allow...
CFPB, DOJ: Lenders can be held liable for discriminatory third-party appraisals
Mortgage lenders can be held liable under federal law for relying on discriminatory appraisals from third-party appraisers, the CFPB and...
FTC sues to block merger of mortgage lender tech providers
The Federal Trade Commission this week filed a lawsuit to block a proposed merger between the nation’s two largest providers...
Podcast: How a community bank boosted its consumer mortgage program
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when...
FHA publishes 40-year loan modification final rule
The rule allows increasing the maximum term of a loan modification from 360 to 480 months for FHA-insured mortgages after...
