FHFA seeks to amend ‘colonia’ definition for duty to serve regulation
These changes would make activities by Fannie Mae and Freddie Mac in all colonia census tracts eligible for duty to...
Mortgage
FHA to consider positive rental history in mortgage eligibility
In its new policy, FHA considers positive rental payment history as the on-time payment of all rental payments in the...
FHLBs’ affordable housing funding decreased in 2021
The Federal Home Loan Banks awarded approximately $352.4 million in affordable housing program funds in 2021, a 10% decline from...
CFPB seeks input on refinancing, mortgage products
The agency is exploring ways to improve mortgage refinances for homeowners who would benefit from it, especially for smaller loan...
OCC report: Mortgage performance improves in second quarter
The performance of first-lien mortgages in the federal banking system improved during the second quarter of 2022, according to an...
New online tool collects home mortgage data
The Consumer Financial Protection Bureau today unveiled a new online tool that gives users the ability to view Home Mortgage...
FHFA adds to scope of servicers’ fair lending data collection
The data collected will include borrowers’ age, race, ethnicity, gender and language preference, effective March 2023.
Digital lending beyond the status quo
Construction is a manual business—but lending to builders need not involve manual processes.
Survey: Customers want trust and support from mortgage servicers
Homeowners want to feel supported by their mortgage servicers, particularly with a possible recession looming, a recent survey showed.
Fed Survey: Business Leading Standards Tighten, Demand Grows Stronger
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer...
