FHFA Publishes Methodology for ‘PMMS+’ Index
As expected, the Federal House Finance Agency today published in the Federal Register its methodology for calculating the new “PMMS+” ...
Tag: Mortgage
ABA, MBA Support Making Single-Family Loan Sale Program Permanent
ABA joined the Mortgage Bankers Association in a comment letter to the Department of Housing and Urban Development last week ...
FHFA Publishes Replacement Index for Mortgage Rates
In response to advocacy by ABA, the Federal Housing Finance Agency today published new data that banks may use in ...
Trade Groups Weigh in on Changes to Lender Certification Requirements
In a comment letter to the Department of Housing and Urban Development last week, the American Bankers Association joined three ...
OCC: Mortgage Performance Improved in Q1
The share of current and performing first-lien mortgages in the first quarter of 2019 was 96.2%, up from 95.8% a ...
OCC Rescinds Guidance, Issues ‘Core Principles’ on Higher-LTV Loan Programs
Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance ...
Podcast: A $4 Billion Bank’s Nationwide Affordable Housing Strategy
As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael ...
FHFA: GSEs Have Sold More Than 117,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 117,466 nonperforming loans as of December 31, 2018, with a total unpaid balance ...
Trade Groups Offer Feedback on Proposed Changes to FHA Lender Certification Requirements
The American Bankers Association joined three other financial and housing trade organizations last week in a comment letter to the ...
Fed Survey: Consumers Expect Slower Home Price Growth
Americans’ expectations for home price changes fell in 2019, according to results from the Federal Reserve Bank of New York’s ...
