ABA, Groups Urge Locking in Reforms Before GSE Conservatorships End
The American Bankers Association and several housing industry groups urged the Department of Treasury yesterday to ensure that reforms for...
Mortgage
CFPB Finalizes Changes to QM Standard, Creates ‘Seasoned QM’ Category
The Consumer Financial Protection Bureau today wrapped up its efforts to revise the Qualified Mortgage standard by issuing final rules...
Bowman: Nonbank Mortgage Regulatory Framework Needs Work
Federal Reserve Governor Michelle Bowman said in a speech today that regulators need to revisit the regulatory framework for nonbank...
FHFA Finalizes Changes to GSE Capital Framework
In an important step toward facilitating the exit of Fannie Mae and Freddie Mac from conservatorship, the Federal Housing Finance...
FHFA Issues 2020 Performance, Accountability Report
The Federal Housing Finance Agency today released its annual performance and accountability report for 2020. The report focused on the...
ABA, Industry Groups Launch Awareness Campaign for Struggling Mortgage Borrowers
With some Americans experiencing difficulties paying their mortgage due to COVID-19, the American Bankers Association yesterday joined a broad coalition...
FHFA Validates Classic FICO for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency said today it has validated and approved the use of the classic FICO credit score...
Fed Survey: Loan Demand, Standards Begin to Stabilize
Loan demand and standards for lending began to stabilize in the third quarter after demand weakened and standards tightened during...
ABA Data Bank: CRE Delinquencies Remain Elevated in Hospitality, Retail Sectors
The share of commercial real estate loans 30+ days delinquent jumped from 0.9% in April to 5.1% in June. Though...
FHLB Advances, Collateral Value Fall in 2019
Advances from the Federal Home Loan Banks during 2019 fell about 12% to $641.5 billion, the Federal Housing Finance Agency...
