FHFA Sets 2021 Performance Goals for Fannie, Freddie

The rate for a 30-year fixed-rate mortgage was 6.52% this week. The rate for a 15-year fixed-rate mortgage was 5.84%.

The financial industry is facing a shortage of appraisers. Whether there will be enough appraisers to complete future residential or commercial assignments in a timely manner remains to be proven.

Creditors may be legally obligated to check a consumer's immigration status for mortgage loans and credit cards, especially where removal from the U.S. may disrupt the consumer's income, the CFPB said.

ABA reiterated several key recommendations it first outlined in 2024 in response to CFPB’s proposed revisions to Regulation X’s mortgage servicing rules.

ABA announced Jacob Moore as the recipient of its 2026 ABA Banking Research Dissertation Grant. The program provides economics or finance doctoral graduate students with $40,000 for one academic year to conduct research on the banking industry.

The Department of Veterans Affairs has finalized its new partial claim program and broader loss mitigation updates, which will be live and accessible beginning June 15.