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 ...
Tag: Mortgage
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Acknowledging banks’ innovative efforts to meet the credit needs of residents in distressed communities, the OCC today rescinded 2017 guidance ...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 ...
Household Debt Continues Up
Outstanding household debt increased by 0.9% in the first quarter of 2019, rising by $124 billion to land at $13.67 ...
FHA Seeks Feedback on Single-Family Loan Sale Program
The Federal Housing Administration today issued an advance notice of proposed rulemaking seeking public feedback on its single-family loan sale ...
FHA Proposes Changes to Lender Certification Requirements
The Federal Housing Administration today issued a proposal making changes to its single-family loan and lender-level certifications in an effort ...
