FHFA Bans GSEs From Offering Volume-Based G-Fee Discounts
In a move intended to level the playing field in the mortgage market, the Federal Housing Finance Agency has directed ...
Tag: Mortgage
ABA Supports Proposed Changes to Lender Annual Certification Statements
In a joint comment letter to the Department of Housing and Urban Development last week, the American Bankers Association and ...
ABA Commends FHFA for Swift Replacement of Discontinued Rate Survey
In a letter to the Federal Housing Finance Agency yesterday, the American Bankers Association commended the agency for swiftly replacing ...
Treasury, HUD Issue Housing Finance Reform Recommendations
The Treasury Department today issued a much-anticipated blueprint for housing finance reform that includes providing explicit and paid-for federal government ...
Understanding State Exceptions to the VA’s One Percent Fee Rule
VA mortgages are an important growth opportunity for bank real estate lenders, but the state-by-state calculation of allowable fees is ...
FHA Updates Condominium Rules
The Federal Housing Administration issued a final rule today providing greater flexibility for individual condominium owners to obtain an FHA-insured ...
FHFA Finalizes New Requirements for Validating, Approving Credit Score Models
As expected, the Federal Housing Financial Agency issued a final rule—as directed by the S. 2155 regulatory reform law—establishing new ...
Household Debt Continues to Climb
Outstanding household debt increased by 1.4% in the second quarter of 2019, rising by $192 billion to land at $13.86 ...
FHFA to Remove Language Preference Question From URLA
The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to make several changes to the Uniform Residential ...
ARRC Releases White Paper on Using SOFR Average for ARM Products
The Alternative Reference Rates Committee yesterday released a white paper that shows how to use an average of the Secured ...
