The agency is exploring ways to improve mortgage refinances for homeowners who would benefit from it, especially for smaller loan balances.
The performance of first-lien mortgages in the federal banking system improved during the second quarter of 2022, according to an OCC report issued today.
The Consumer Financial Protection Bureau today unveiled a new online tool that gives users the ability to view Home Mortgage Disclosure Act mortgage loan data and follow mortgage market trends during the collection year.
The data collected will include borrowers’ age, race, ethnicity, gender and language preference, effective March 2023.
Construction is a manual business—but lending to builders need not involve manual processes.
Homeowners want to feel supported by their mortgage servicers, particularly with a possible recession looming, a recent survey showed.
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
Fannie Mae and Freddie Mac have sold 154,972 nonperforming loans as of Dec. 31, 2021, with a total unpaid balance of $28.7 billion, according to the Non-Performing Loan Sales Report released today by the Federal Housing Finance Agency.
The OCC Mortgage Metrics Report showed that 96.9% of mortgages were current and performing at the end of the quarter, compared to 94.2% a year earlier.