Fannie, Freddie Loan Limits Largely Unchanged in 2016
The maximum conforming loan limits for mortgages Fannie Mae and Freddie Mac purchase in 2016 will remain at current levels,...
Mortgage
FHFA: Q3 HARP Refinances Down
More than 495,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the third quarter, with 25,824 refinanced...
CFPB Updates Rulemaking Agenda for 2015-16
The Consumer Financial Protection Bureau today updated its rulemaking agenda for the remainder of 2015 and into 2016.
Fed Announces Plan for Unclaimed Foreclosure Settlement Funds
The Federal Reserve today announced its plan for redistributing unclaimed funds from the financial regulators’ Independent Foreclosure Review process.
House Passes ABA-Advocated Portfolio Lending Bill
By a bipartisan 255-174 vote, the House today passed H.R. 1210, which would designate all mortgage loans that institutions originate...
FHA Insurance Fund Returns to Mandated Reserve Level
The Federal Housing Administration said today that the capital ratio for its mortgage insurance fund has reached 2.07 percent --...
W.Va. Banker: Hometown Customers Need Reg Relief
Regulatory relief is necessary to help banks better serve customers in West Virginia communities, said Alan Brill, chairman of the...
FHA Relaxes Restrictions on Agency-Backed Condo Loans
The FHA in a letter today announced that effective immediately, it will loosen restrictions for one year on agency-backed condo...
ABA Endorses MortgagebotLOS for Loan Origination
ABA, through its Corporation for American Banking subsidiary, has endorsed the D+H’s mortgage loan origination system, MortgagebotLOS, an all-in-one system...
