ABA: Flexibility key to expanding mortgage refinances, streamlined loss mitigation
If regulators want to expand the number of consumers who can take advantage of mortgage refinances, then focusing on expanding ...
Tag: Mortgage
Freddie Mac survey: One-third of Gen Z adults see homeownership obstacles
One in three Gen Z adults—those age 18 to 25—say that owning a home seems out of reach for them ...
CFPB report flags pandemic-related issues in deposits, mortgage servicing
The CFPB issued a “Supervisory Highlights” report focusing on recent examiner observations of several financial products.
Fannie Mae, Freddie Mac to require new credit score models
The Federal Housing Finance Agency today announced the approval of the FICO 10T and the VantageScore 4.0 credit score models ...
Ginnie Mae announces changes to RBC, re-pooling requirements
Ginnie Mae announced Friday it has pushed back the implementation date of the risk-based capital requirement from next year to ...
Fed study finds ‘limited role’ for racial bias in mortgage lending
Racial bias has played “a limited role” in recent years in generating disparities seen in mortgage lending denials, according to ...
Court overturns HMDA reporting threshold for small entities
A federal judge recently moved to vacate CFPB regulations that expanded the number of small-volume lenders deemed exempt from Home ...
FHA to consider positive rental history in mortgage eligibility
In its new policy, FHA considers positive rental payment history as the on-time payment of all rental payments in the ...
OCC report: Mortgage performance improves in second quarter
The performance of first-lien mortgages in the federal banking system improved during the second quarter of 2022, according to an ...
New online tool collects home mortgage data
The Consumer Financial Protection Bureau today unveiled a new online tool that gives users the ability to view Home Mortgage ...
