FHFA Sets 2021 Performance Goals for Fannie, Freddie

ABA joined eight other associations in urging the Department of Veterans Affairs to take steps to implement President Trump’s recent executive order on promoting mortgage access credit, including making changes to help veterans and their families keep their...

Home prices increased 0.7% in February compared to the same month a year ago, down from a 0.8% rise the previous month, according to the S&P Cotality Case-Shiller Index.

Experts advise bank leaders to ensure AI is deployed responsibly, governed transparently and secured carefully.

The rate for a 30-year fixed-rate mortgage was 6.23% this week. The rate for a 15-year fixed-rate mortgage was 5.58%.

HUD will adopt FICO 10T and VantageScore 4.0 for FHA loans. Fannie Mae and Freddie Mac will begin using VantageScore 4.0 immediately and the future use of FICO Score 10T credit scores for loans delivered to Fannie Mae.

The CFPB will issue a final rule to remove disparate impact from enforcement of the Equal Credit Opportunity Act, clarify the prohibition on discouraging prospective applicants, and establish new limits on special-purpose credit programs offered by lenders.