Fed’s Powell: Now Is ‘Last Best Chance’ for Housing Finance Reform
With the housing market having recovered and memories of the financial crisis growing distant, Federal Reserve Governor Jerome Powell said...
Mortgage
Consumer Delinquencies Up in First Quarter
Delinquencies in both open- and closed-end loans rose in the first quarter of 2017, according to the ABA Consumer Credit...
FHFA Proposes 2018-2020 Goals for Fannie, Freddie
The Federal Housing Finance Agency today proposed new metrics for assessing the performance of Fannie Mae and Freddie Mac.
ABA Wins Extension on Limited English Proficiency RFI
The Federal Housing Finance Agency extended the comment period on its request for information on how to improve service to...
ABA, Trades Seek Longer Comment Period for RFI on Serving LEP Borrowers
Eight financial trades -- including ABA -- today wrote to the Federal Housing Finance Agency requesting that the agency extend...
CFPB Issues Policy Guidance on Compliance Dates for Servicing Rule Amendments
The Consumer Financial Protection Bureau today issued policy guidance stating that it does not intend to take supervisory or enforcement...
Delinquent GSE Mortgages Fall to Lowest Level Since 2008
The number of home loans backed by Fannie Mae and Freddie Mac that are 60 days or more past due...
ABA Survey: Majority of Americans Prefer to Apply for Mortgages In Person
The majority of American consumers across all age groups -- 60 percent -- say they still prefer to apply in...
Fed’s Fischer: Government Backing of Housing Market Should Be Explicit, Not Implicit
Government guarantees of mortgage-related assets should be explicit, not implicit, Federal Reserve Vice Chairman Stanley Fischer said in remarks today.
House Committee Passes Two Flood Insurance Bills
The House Financial Services Committee today approved two bills as part of a legislative package intended to reauthorize the National...
