Consumer Delinquencies Fall Sharply in Fourth Quarter
Delinquencies in closed-end loans fell sharply in the fourth quarter of 2015 as home values steadily increased, according to the...
Mortgage
CFPB Updates Compliance Guides to Reflect Rural/Underserved Rule
The Consumer Financial Protection Bureau has updated certain compliance guides related to Regulation Z to reflect last week’s rule broadening...
OCC: Mortgage Performance Improves Year-on-Year
The share of current and performing first-lien mortgages rose to 94.1 percent for the fourth quarter of 2015, up from...
Chase Survey Explores Opinions of ‘DIY Homebuyers’
While technology is reshaping the way Americans search for homes, most homebuyers still want to consult with mortgage and real...
CFPB Posts Recording of TRID Construction Lending Webinar
The Consumer Financial Protection Bureau today posted a recording of its March 1 webinar on complying with the TILA-RESPA integrated...
FHFA’s Watt Signals Decision Soon on Principal Reduction
The Federal Housing Finance Agency will announce within the next month whether it will implement a limited principal reduction program...
CFPB Rule Broadens QM Coverage for Lenders in Rural, Underserved Areas
The Consumer Financial Protection Bureau today issued an interim final rule broadening the availability of certain special provisions for small...
Cordray: CFPB Will Provide Further TRID Guidance
In congressional testimony yesterday, Consumer Financial Protection Bureau Director Richard Cordray said that the bureau would provide further question-and-answer guidance...
FHA Issues New Lender Certifications
The Federal Housing Administration today issued new certifications that lenders writing FHA-insured loans will have to make.
