Proposed legislation would curtail trigger leads
Trigger leads are a marketing product sold by credit bureaus containing contact information for consumers who have had a credit report pulled while in the process of shopping for a mortgage loan.
Trigger leads are a marketing product sold by credit bureaus containing contact information for consumers who have had a credit report pulled while in the process of shopping for a mortgage loan.
The OCC released the third quarter 2023 mortgage metrics report, which showed that 97.3% of first-lien mortgages in the federal banking system were current and performing at the end of the quarter.
The number of prospective homebuyers willing to wait until interest rates or home prices come down to purchase a home is shrinking, according to a Bank of America survey.
FHA announced that it is seeking industry feedback for proposed changes to the 203(k) Rehabilitation Mortgage Insurance Program, which is designed to help borrowers purchase a home or refinance an existing mortgage and include the cost of repairs or rehabilitation into one new mortgage.
The Department of Veterans Affairs is calling on mortgage servicers to pause foreclosures of VA-guaranteed loans through May 31, 2024.
The Federal Housing Finance Agency announced that the baseline conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2024 will increase by more than $40,000 from the previous year, to $766,550 for one-unit properties.
The worst-case commercial real estate scenarios are unlikely to pan out. Here’s why.
We should think twice about creating a regulatory framework that drives business away from the brightly lit world of highly regulated banks and into the shadows of private credit.
The Treasury Department announced that its Federal Insurance Office will soon begin collecting data from insurers to assess climate-related financial risk to consumers.
Appraisers and their state regulators are in the best position to limit bias in the appraisal process as banks are not well-positioned to detect such bias, ABA VP Sharon Whitaker told the federal Appraisal Subcommittee.