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...
Mortgage
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...
CFPB Encourages Servicer Participation in Federal Homeowner Assistance Program
In a new blog post this week, the CFPB said it “strongly encourages” servers to participate in programs related to...
FHFA Finalizes Changes to Regulatory Capital Framework for Fannie, Freddie
The Federal Housing Finance Agency today finalized changes to the prescribed leverage buffer amount and the capital treatment of risk...
FHFA Re-Proposes Updated Seller, Servicer Eligibility Requirements
The Federal Housing Finance Agency today re-proposed updated standards that mortgage lenders would have to meet in order to sell...
FHFA Releases Strategic Plan for 2022-2026
The Federal Housing Finance Agency today released a draft of its strategic plan for 2022-2026 for public comment. Comments are...
Household Debt Rises by $333 Billion in Fourth Quarter of 2021
Total household debt increased 2.2% in the fourth quarter of 2021, rising by $333 billion to land at $15.58 trillion,...
Incoming: Flood Insurance Premium Changes from Risk Rating 2.0
Flood insurance providers may begin communicating often substantial rate increases to borrowers this month. Here’s how to prepare for customer...
Fed Survey: Loan Easing Trend Continues in Q4 2021
Banks continued to ease standards on commercial, mortgage and personal loan products amid mixed demand, according to the Federal Reserve’s...
