Housing agencies release new requirements to reduce appraisal bias
Both FHA and FHFA announced new policies that will allow borrowers to challenge property appraisals if they believe the appraisals...
Mortgage
Home prices rose in February
Home prices increased 6.4% in February compared to the same month a year ago, up from a 6% rise the...
FHFA issues fair lending final rule
The Federal Housing Finance Agency issued a final rule to codify many of its existing practices and programs regarding fair...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.17% this week, up from last week when it averaged 7.1%.
CFPB releases supervisory highlights on mortgage servicing
The CFPB released a supervisory highlights report covering key findings and supervisory actions in mortgage servicing.
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage averaged 7.1% this week, up from last week when it averaged 6.88%.
Federal Home Loan Banks support for affordable housing grew in 2023
Federal Home Loan Banks awarded $446.9 million through their affordable housing programs in 2023, almost $180 million more than in...
Fannie Mae, Freddie Mac issue guidance on real estate agent commissions
Fannie Mae and Freddie Mac issued guidance regarding the treatment of property seller-paid buyer agent fees under the enterprises’ interested...
CFPB: More borrowers paying upfront fees to lower interest rates on mortgages
The percentage of homebuyers paying discount points roughly doubled from 2021 to 2023, according to the bureau, which noted that...
Nichols highlights regulatory lawsuits at American Mortgage Conference
With four active lawsuits against regulatory agencies, ABA President and CEO Rob Nichols emphasized Monday that filing a lawsuit is...
