FHFA adds to scope of servicers’ fair lending data collection
The data collected will include borrowers’ age, race, ethnicity, gender and language preference, effective March 2023.
Browsing: Mortgage
Digital lending beyond the status quo
Construction is a manual business—but lending to builders need not involve manual processes.
Survey: Customers want trust and support from mortgage servicers
Homeowners want to feel supported by their mortgage servicers, particularly with a possible recession looming, a recent survey showed.
Fed Survey: Business Leading Standards Tighten, Demand Grows Stronger
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
Podcast: Making the move from a stock bank to a mutual
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
FHFA: Fannie, Freddie sold nearly 155,000 non-performing loans since 2014
Fannie Mae and Freddie Mac have sold 154,972 nonperforming loans as of Dec. 31, 2021, with a total unpaid balance of $28.7 billion, according to the Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency.
OCC report: Mortgage performance improves in first quarter
The OCC Mortgage Metrics Report showed that 96.9% of mortgages were current and performing at the end of the quarter, compared to 94.2% a year earlier.
ABA joins the National Housing Conference
ABA has joined the National Housing Conference, a nonpartisan affordable housing advocacy nonprofit with a diverse membership base that includes consumer groups, national and local housing organizations, homebuilders, banks, community development groups, individual stakeholders and others.
Agencies release HMDA data for 2021
The share of mortgages originated by nonbanks continues to climb, accounting for 63.9% of home-purchase loans, up from 60.7% in 2020.
FHFA: Congress must decide future of secondary mortgage market
Lawmakers must “determine the structure of [Fannie Mae and Freddie Mac] and the secondary mortgage market for the post-conservatorship world,” the Federal Housing Finance Agency emphasized today in its annual report to Congress.