Browsing: Mortgage

Compliance

The FDIC today said it would issue a notice of proposed rulemaking to amend its securitization safe harbor rule, which addresses circumstances that may arise if the FDIC is appointed receiver or conservator for an insured depository institution that has sponsored one or more securitization transactions.

Mortgage

In response to advocacy by ABA, the Federal Housing Finance Agency today published new data that banks may use in place of its Monthly Interest Rate Survey, which many lenders had used to benchmark interest rates on various mortgage products.

Mortgage

In a comment letter to the Department of Housing and Urban Development last week, the American Bankers Association joined three other industry groups offering feedback on a recent proposal to make changes to the Federal Housing Administration’s loan-level certification statement and defect taxonomy.

Mortgage

The share of current and performing first-lien mortgages in the first quarter of 2019 was 96.2%, up from 95.8% a year ago, according to the Mortgage Metrics Report released today by the OCC.

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