FHFA’s Watt Announces Final Extension of HAMP, HARP
Fannie Mae and Freddie Mac will participate in the federal government’s Home Affordable Modification Program and Home Affordable Refinance Program...
Mortgage
CFPB Declines Congressional Appeals for TILA-RESPA Grace Period
In an April 22 letter released today, Consumer Financial Protection Bureau Director Richard Cordray declined congressional appeals to provide a...
Fannie Mae Profits Improve in First Quarter
Fannie Mae today said that it earned net income of $1.9 billion in the first quarter. Like Freddie Mac’s report...
ABA Offers Free Resources for American Housing Month
In celebration of American Housing Month in June, ABA is offering a number of resources to help bankers promote consumer...
ABA-Supported Bill Would Delay Enforcement on TILA-RESPA Disclosures
Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-Calif.) on Friday introduced H.R. 2213, which would provide lenders with a temporary...
CFPB Updates Exam Procedures for TILA-RESPA Integration
The Consumer Financial Protection Bureau today issued a set of revised examination procedures to provide guidance on how it will...
Freddie Mac Profits Improve in First Quarter
Following a weak end to 2014, Freddie Mac today posted improved net income of $524 million in the first quarter...
Bankers Expect Oil and Gas Loan Quality to Deterioriate
Credit standards continued to ease in most commercial and consumer loan categories, according to the Federal Reserve’s latest senior loan...
Agencies Revise Exam Procedures for TILA-RESPA Integration
The banking agencies on Friday issued revised examination procedures and exam manual narratives for consumer compliance rules under the Truth...
FHA Delays Effective Date of New Handbook
The Federal Housing Administration on Thursday said that its updated handbook consolidating its guidance for lenders into a single resource...
