Regulators to waive certain appraisal requirements to assist in Maui recovery
Federal banking agencies will grant temporary exceptions to Financial Institutions Reform, Recovery and Enforcement Act appraisal requirements for real estate-related...
Mortgage
FHFA launches test program aimed at reducing closing costs
FHFA Director Sandra Thompson announced that the agency has launched a pilot program to waive the requirement that lenders first...
IRS holds off on IVES updates, seeks industry input
IVES allows taxpayers to authorize third parties to request their tax return or wage transcripts to obtain a residential or...
Mortgage rates fall
The rate for a 30-year fixed-rate mortgage was 6.88% this week, down from last week when it averaged 6.94%. A...
Growing number of lawmakers seek investigation of Navy Federal Credit Union
Two dozen House lawmakers called on federal regulators to investigate the nation’s largest credit union following reports of racial disparities...
Podcast: The commercial real estate state of play
ABA's Dan Brown and Sharon Whitaker discuss community bank exposures to commercial real estate and how community banks are managing...
Mortgage rates mixed
The rate for a 30-year fixed-rate mortgage was 6.94% this week, up from last week when it averaged 6.9%.
FHFA announces changes to credit score modernization effort
FHFA announced that in response to public input, it is making changes to its planned implementation of new credit score...
FHA releases FAQs on new branch office registration rules
New regs eliminate requirement for lenders and mortgagees to register branch offices where they originate FHA Title I or Title...
Mortgage rates rise
The rate for a 30-year fixed-rate mortgage was 6.9% this week, up from last week when it averaged 6.77%.
