With the mortgage industry now using the redesigned Uniform Residential Loan Application, Fannie Mae and Freddie Mac today reminded lenders that as of May 1, the GSEs will no longer accept new loans submitted that use legacy formats. Subsequent resubmissions of loan casefiles already in the legacy format may continue on an as-needed basis through Feb. 28, 2022.
ABA DataBank: Fed rate hike reset
Hotter-than-expected inflation data in April pushed financial markets to sharply revise expectations for Federal Reserve monetary policy.








