Despite Student Debt, College Grads More Likely to be Homeowners
The benefits of obtaining a college degree may outweigh the burden of student loan debt when it comes to homeownership,...
Mortgage
FinCEN Expands Scope of Geographic Targeting Orders
The Financial Crimes Enforcement Network today expanded the scope of its Geographic Targeting Orders temporarily requiring certain U.S. title insurance...
Study: Community Banks Persist in Mortgage Servicing
Community financial institutions have expanded their share of the mortgage servicing market since 2008, even as new servicing rules and...
Agencies Release White Paper on Future of Foreclosure Prevention
In a white paper released today, the Department of the Treasury, the Department of Housing and Urban Development and the...
Agencies Issue New Guidance on PACE Loans
As the Obama administration today announced the Clean Energy Savings for All Initiative -- a cross-government partnership aimed at promoting...
FHFA Listens to Industry Concerns on URLA
ABA staff yesterday participated in a meeting with senior Federal Housing Finance Agency officials and other industry representatives on FHFA’s...
Senators to Watt: Let Congress Lead on GSE Reform
A bipartisan group of six senators last week cautioned FHFA Director Mel Watt that taking steps toward moving Fannie Mae...
ABA Reiterates Concerns over Language Preference Addition to URLA
ABA and several trade associations today wrote to Federal Housing Finance Agency Director Mel Watt repeating concerns they had previously...
OCC: Credit, Strategic Risk Leading Issues for Small, Midsize Banks
The OCC is focusing on credit risk and strategic risk as the top risk priorities in its supervision of community...
FHFA: Most Borrowers Eligible for Principal Reduction Are in Fla., N.J., N.Y.
More than three quarters of seriously delinquent homeowners who are eligible for Fannie Mae and Freddie Mac’s one-time principal reduction...
