FHFA Releases Strategic Plan for 2021-2024
The Federal Housing Finance Agency today released its strategic plan for fiscal years 2021-2024.
Tag: Mortgage
Mortgage Lenders Say Staff Safety, Supply Chain Disruption Are Biggest Pandemic Challenges
Mortgage lenders said their biggest challenges due to the pandemic include the health and safety of their staff, supply chain ...
ABA Supports New Proposed QM Category
In a comment letter to the CFPB today, ABA supported a recent proposal to create a new category of “seasoned” ...
CFPB Assessment Finds TRID Rule Imposed ‘Sizable’ Costs for Lenders
The Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure Rule “appears to have created sizable implementation costs for lenders,” the bureau ...
FHFA Announces Additional Extension of COVID-19 Flexibilities
To continue providing support to mortgage borrowers during the coronavirus pandemic, the Federal Housing Finance Agency announced that it would ...
OCC: Mortgage Performance Declines Amid Pandemic
The share of current and performing first-lien mortgages in the second quarter of 2020 was 91.1%, down from 96.1% a ...
ABA Backs CFPB Proposal on Escrow Requirements for HPMLs
The American Bankers Association today welcomed the Consumer Financial Protection Bureau’s proposal to exempt certain higher-priced mortgage loans from escrow ...
Report: Mortgage Market Strong Heading Into COVID-19 Pandemic
The mortgage market was “stable and robust” in the lead up to the coronavirus outbreak in the U.S., according to ...
ABA, Trade Groups Weigh in on Proposed Changes to FHA Servicing Handbook
The American Bankers Association joined the Housing Policy Council and the Mortgage Bankers Association in a comment letter to the ...
HUD Issues Guidelines for Underwriting FHA Loans to Borrowers with Forbearances
The Department of Housing and Urban Development last week issued underwriting guidelines for borrowers who have been previously granted forbearance ...
