Fannie Mae, Freddie Mac ease certain property insurance requirements
Fannie Mae and Freddie Mac are rolling back certain property insurance requirements for condominiums and single-family homes in response to ...
Tag: Servicing
Trump orders regulatory overhaul to promote housing finance, construction
The White House today ordered federal regulators to roll back or tailor regulations to expand access to mortgages and spur new ...
VA proposes updated policy documents establishing new partial claim option
The Department of Veterans Affairs released draft policy documents to implement a new partial claim option for borrowers with VA-guaranteed ...
ABA urges CFPB to preserve streamlined mortgage relief option
The CFPB should retain a key provision of its pandemic-era servicing rules that allows servicers to offer streamlined loan modifications ...
CFPB releases supervisory highlights on mortgage servicing
The CFPB released a supervisory highlights report covering key findings and supervisory actions in mortgage servicing.
ABA, trade groups call for changes to FHA’s proposed partial claim option
ABA, the Mortgage Bankers Association and the National Mortgage Servicing Association cautioned the Federal Housing Administration that a proposed payment ...
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.
FHFA adds to scope of servicers’ fair lending data collection
The data collected will include borrowers’ age, race, ethnicity, gender and language preference, effective March 2023.
CFPB blog post highlights resources for Spanish-language customers
In a new blog post, the CFPB highlighted its resources available to help financial institutions serve their Spanish-speaking customers.
Six top concerns for mortgage bankers
These challenges will affect all markets, but will have local distinctions that will be important for market participants to understand ...
