CFPB: Contract-for-deed deals subject to Truth in Lending Act protections
“Contract-for-deed” real estate transactions are subject to the protections associated with residential mortgage loans under the Truth in Lending Act, ...
Tag: Housing Finance
CFPB warns consumers about loans for home solar installation
The CFPB issued a report and consumer alert on what it said were “costly and complex loans” for home solar ...
FHA removes face-to-face requirement for borrowers in default
The FHA released a final rule to make permanent a pandemic-related rule that waives the HUD requirement for mortgagees to ...
Federal agencies finalize rule on automated valuation models
Six federal agencies issued a final rule to regulate the credibility of algorithmic models used in real estate valuations.
ABA, associations seek more time for comment on mortgage servicing proposal
ABA and seven financial sector associations requested that the CFPB extend by at least 30 days the comment period for ...
ABA, state bankers associations: Congress, not regulators, should set FHLB mission
A recent request for input on the Federal Home Loan Banks’ mission suggests that regulators are considering significant regulatory action ...
Fannie Mae, Freddie Mac release historical data for credit score transition
FHFA announced that Fannie Mae and Freddie Mac are making historical VantageScore 4.0 credit scores available to approved users to ...
CFPB releases mortgage servicing proposal, overhauls loss mitigation framework
The CFPB released a proposed rule to amend Regulation X’s mortgage servicing provisions, which would result in a major overhaul ...
FHFA announces first members of affordable housing advisory committee
FHFA announced the inaugural members of its Advisory Committee on Affordable, Equitable and Sustainable Housing.
FHFA approves Freddie Mac pilot to purchase second mortgages
FHFA announced that it had granted conditional approval to a Freddie Mac pilot program to purchase single-family, closed-end second mortgages ...
