The Federal Financial Institutions Examination Council today released the 2018 Home Mortgage Disclosure Act data on mortgage lending transactions at 5,683 financial institutions.
The Federal Housing Administration announced today that it will make its “disaster standalone partial claim” a standard mortgage relief option for all victims of natural disasters in presidentially declared major disaster areas.
The federal banking agencies’ June proposal to clarify the regulatory capital treatment of land development loans for single-family homes does not conform with the intent of the S. 2155 regulatory reform law, ABA said in a comment letter yesterday.
The Federal Housing Administration issued a final rule today providing greater flexibility for individual condominium owners to obtain an FHA-insured mortgage.
As expected, the Federal Housing Financial Agency issued a final rule—as directed by the S. 2155 regulatory reform law—establishing new requirements for the validation and approval of credit score models by Fannie Mae and Freddie Mac.
The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to make several changes to the Uniform Residential Loan Application, including the removal of a question asking applicants to indicate their preferred language
Non-QM mortgage loans are gaining traction, but the category still carries heightened risks.
The Appraisal Subcommittee of the Federal Financial Institutions Examination Council has approved a waiver request from appraisal licensing requirements for the state of North Dakota.