FHFA announces foreclosure suspension for borrowers requesting HAF assistance
Mortgage servicers will be required to suspend foreclosure activities for up to 60 days if they are notified that a ...
Tag: Mortgage
ABA Regulatory and Compliance Inbox: Can We Base Mortgage Credit Decisions on the Assets of the Borrower?
What would my bank report if instead of income it based the credit decision on the assets of the borrower?
ABA Data Bank: Mortgage Rates Continue to Increase, Reaches 4.42%
The average 30-year fixed-rate mortgage increased 26 basis points in just one week, according to Freddie Mac. The last time ...
Fed Gov. Waller: Current Surge in Housing Costs and Previous Price Bubble Not Comparable
Today’s rise in housing prices not as risky to financial stability as the real estate bubble and crash of 2008, ...
Interagency Task Force Issues Action Plan to Address Appraisal Bias
An interagency task force including the Department of Housing and Urban Development, the Federal Housing Finance Agency and the federal ...
OCC: Mortgage Performance Improves in Q4
The share of current and performing first-lien mortgages in the fourth quarter rose to 96.3%, up from 93.3% a year ...
FHFA Finalizes Changes to Regulatory Capital Framework for Fannie, Freddie
The Federal Housing Finance Agency today finalized changes to the prescribed leverage buffer amount and the capital treatment of risk ...
FHFA Releases Strategic Plan for 2022-2026
The Federal Housing Finance Agency today released a draft of its strategic plan for 2022-2026 for public comment. Comments are ...
OCC Seeks Feedback on Managing Compliance Risk for Reverse Mortgage Products
The OCC is seeking comments on the renewal of its guidance for managing compliance and reputation risk as it relates ...
FDIC Approves Final Rule Simplifying Deposit Insurance for Trust, Mortgage Servicing Accounts
The FDIC today approved a final rule to simplify deposit insurance calculations for revocable trusts, irrevocable trusts and mortgage servicing ...
