Still lending local: The continued role of mutual banks in mortgage finance
Mutuals show that a relationship-based model remains valued by many Americans and continues to position these institutions as pillars of ...
Tag: Housing Finance
FHA proposes changes to single-family housing minimum property requirements
The Federal Housing Administration proposed to “modernize and strengthen” its minimum property requirements for single-family housing by aligning them with ...
ABA urges FHA to revise RAP demonstration before launch
ABA expressed support for FHA's proposed voluntary Reinstatement Advance Payment, or RAP, demonstration, but also offered several recommendations to ensure ...
Fannie Mae, Freddie Mac expand VantageScore availability to all lenders
Fannie Mae and Freddie Mac will now allow all lenders the option to use VantageScore 4.0 to assess the creditworthiness ...
FHA seeks feedback on partial claim repayment demonstration
The Federal Housing Administration has released a draft mortgagee letter proposing a Reinstatement Advance Payment Demonstration that would provide a ...
ABA, associations give recommendations for improving home appraisal regulations
ABA and two associations offered federal regulators several recommendations to improve the integrity of residential property valuations, as recently directed ...
ABA cautions against removing Fannie Mae, Freddie Mac guardrails in product offerings
In a letter, ABA said that while it supports FHFA efforts to streamline and reduce administrative burdens in its Duty ...
Bank survey: More consumers considering buying a home
For the first time since 2023, a majority of consumers believe it is better to buy a home rather than ...
CFPB RFI seeks to reduce regulatory burdens, promote mortgage credit access
The CFPB is looking for information about “potential regulatory changes that may reduce regulatory burdens and promote access to mortgage ...
ABA, associations: FHA minimum property requirements hurt access to affordable mortgages
The Federal Housing Administration should align its minimum property requirements with those used by Fannie Mae and Freddie Mac, which ...
