Podcast: How a community bank boosted its consumer mortgage program
How does a community bank whose bread and butter was mortgage lending make the business sustainable in a time when ...
Tag: Mortgage
FHA issues final rule for transitioning ARMs off Libor
The Federal Housing Administration this week published a final rule removing Libor as an approved index for adjustable-rate mortgages and ...
FHFA reduces commingled securities fee after outcry
Fannie Mae and Freddie Mac will reduce the upfront fee for commingled securities to 9.375 basis points starting April 1, ...
ABA, industry groups push for veterans home loan program reforms
In a letter this week, the American Bankers Association and 18 industry and advocacy groups urged the Veteran’s Administration to ...
FHA proposes changes to lender requirements for review of appraisal requests
This draft also proposes updated appraisal review standards intended to provide mortgagees and appraisers with clarifying guidance regarding the quality ...
Fannie Mae housing survey: Buyers aren’t getting multiple mortgage quotes
Of those who received multiple quotes, interest rate and monthly payment were the leading items homebuyers compared.
ABA, trade groups call for formal HMDA guidance
Lenders need assurances regarding legal and examination risk plus time for lenders to install or refine HMDA systems and achieve ...
FSOC report warns of vulnerabilities in CRE, residential mortgage markets
Economic uncertainty and rising borrowing costs have increased risk in both the residential and commercial real estate sectors, which could ...
Mortgage Metrics Report: Share of performing mortgages rises in Q3
The share of current and performing first-lien mortgages in the third quarter of 2022 was 97.2%, up from 95.6% a ...
FHFA finalizes updated multifamily housing goals for Fannie, Freddie
The goals use the new percentage-based methodology outlined in the proposed rule issued this summer.
