USDA, HUD, VA and FHFA Announce Extension of Eviction Moratoria
The Department of Agriculture, Department of Housing and Urban Development, Department of Veterans Affairs and the Federal Housing Finance Agency...
Mortgage
J.D. Power: Consumer Satisfaction with Mortgage Servicers Rises
Customer satisfaction with mortgage servicers industrywide increased six points to 787 on a scale of 1,000 during the pandemic, according...
CSBS Issues Model Prudential Standards for Nonbank Mortgage Servicers
As advocated by American Bankers Association, the Conference of State Bank Supervisors today published model state regulatory prudential standards for...
White House Announces New COVID-19 Relief Measures for Homeowners
As more borrowers exit COVID-19 forbearance programs, the Biden administration today announced several new relief measures designed to help mortgage...
FHLB Advances Decreased, Collateral Increased in 2020
Advances from Federal Home Loan Banks during 2020 decreased about 34% to $422.6 billion, the Federal Housing Finance Agency reported...
ABA to Lawmakers: Don’t Use G-Fees as Funding Offset
In a letter to Sens. Kyrsten Sinema (D-Ariz.) and Rob Portman (R-Ohio) today, the American Bankers Association and a broad...
Housing Market Heats Up after COVID-19
The COVID-19 pandemic created the deepest economic contraction in modern U.S. history and led to considerable uncertainty. However, it also...
FHFA Eliminates Controversial ‘Adverse Market Refinance Fee’
The Federal Housing Finance Agency today announced that it will eliminate a widely panned “adverse market refinance fee” of 50...
Must the Bank Update the Loan Estimate if It Becomes Aware of Increases to Fees Unrelated to Extension of Rate Lock Agreement?
Questions and answers from the July/August 2021 ABA Regulatory Policy and Compliance Inbox.
FHFA Issues Fair Lending Policy Statement
The Federal Housing Finance Agency issued a policy statement today stating its position on fair lending laws with respect to...
