Multi-language translations of single-family mortgage documents in Chinese, Korean, Spanish, Tagalog, and Vietnamese are now available for lenders and servicers when working with borrowers with limited English proficiency.
Read More »Tech’s Role in Eliminating Appraisal Bias
Kenon Chen of Clear Capital sat down with MortgagePoint to discuss the elimination of appraisal bias in the industry, HUD’s PAVE Action Plan, and the state of the appraisal marketplace.
Read More »HUD Measure Seeks to Reduce Mortgage Fees for Native Americans
Reductions in the Section 184 Indian Home Loan will make homeownership more affordable and accessible for Native American families by saving an average of $500 in the first year on mortgage payments through fee reductions.
Read More »HUD to Open Housing Opportunities to People With Criminal Records
HUD will introduce rulemaking, establish a process for individualized assessments, and outline guidelines for public housing authorities to remove barriers to safe, affordable housing for people with criminal records.
Read More »Appraisal Modernization and Where Valuations Are Headed
Dean Kelker of SingleSource Property Solutions discusses appraisal modernization, and what lies ahead for the valuation industry.
Read More »FHFA Updates Equitable Housing Finance Plans for the GSEs
In an effort to complement the initiatives outlined in the FHFA’s Strategic Plan: Fiscal Years 2022-2026, adjustments have been made based on initial research and findings to further promote equitable access to affordable and sustainable housing.
Read More »Cornerstone Launches Subervicing Division
In its mission to deliver service for the life of each loan and beyond, Cornerstone has established its mortgage subservicing business to empower smart homeownership and sustainable growth for its clients.
Read More »The Week Ahead: Ginnie Mae President to Address Affordable Housing Solutions
An upcoming hybrid event presented by the Harvard Joint Center for Housing Studies will feature Ginnie Mae President Alanna McCargo discussing the nation’s affordable housing and rental goals.
Read More »Ginnie Mae Announces LMI Income Disclosure, Enhances ESG Metrics
Stepping up its Environmental, Social, and Governance (ESG) efforts, Ginnie Mae is providing greater transparency into its pools for investors through new LMI disclosure.
Read More »Appraisal Subcommittee Meets to Address Valuation Bias
The first-ever ASC public hearing features experts from across the mortgage lending and appraisal industries delivering testimony on solutions, education, and awareness about valuation bias and fair housing.
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