ABA comments on FHFA’s re-proposed eligibility standards for enterprise single-family seller/servicers
In a letter to FHFA, ABA commented on the re-proposed update to standards that mortgage lenders would have to meet...
Mortgage
FHFA to make Supplemental Consumer Information Form mandatory
Fannie Mae and Freddie Mac will now require lenders to use the Supplemental Consumer Information Form, which collects information about...
GSEs release ‘duty to serve’ plans
The Federal Housing Finance Agency yesterday outlined how Fannie Mae and Freddie Mac will work to improve the distribution and...
FHA offers 40-year mortgage modification, seeks public comment to make it permanent
The Federal Housing Administration added a 40-year mortgage modification option to assist borrowers who are behind on their mortgage payments for...
FHFA finalizes strategic plan for 2022-2026
The Federal Housing Finance Agency has released its strategic plan for 2022-2026.
FHFA announces foreclosure suspension for borrowers requesting HAF assistance
Mortgage servicers will be required to suspend foreclosure activities for up to 60 days if they are notified that a...
ABA Regulatory and Compliance Inbox: Can We Base Mortgage Credit Decisions on the Assets of the Borrower?
What would my bank report if instead of income it based the credit decision on the assets of the borrower?
ABA Data Bank: Mortgage Rates Continue to Increase, Reaches 4.42%
The average 30-year fixed-rate mortgage increased 26 basis points in just one week, according to Freddie Mac. The last time...
Interagency Task Force Issues Action Plan to Address Appraisal Bias
An interagency task force including the Department of Housing and Urban Development, the Federal Housing Finance Agency and the federal...
OCC: Mortgage Performance Improves in Q4
The share of current and performing first-lien mortgages in the fourth quarter rose to 96.3%, up from 93.3% a year...
