Government

Attorney Roy Diaz discusses a recent Florida Court decision where an affidavit was insufficient in creating a genuine issue, and entered a foreclosure judgment in favor of Bank of New York Mellon against two borrowers.

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

An upcoming Five Star Institute webinar will discuss the implementation of a national digital signing platform, built to satisfy servicer, investor, borrower, and state requirements nationwide.

The number of homeowners in forbearance plans has dropped by 35,000 month-over-month, however the number of those entering and exiting Fannie Mae, Freddie Mac, and Ginnie Mae loans is nearly equal for these loan types.

Chairwoman of the House Financial Services Committee, Congresswoman Maxine Waters (D-CA), has vowed to hold credit bureau Equifax accountable for repeated slights against American Consumers in an open letter published Aug. 10.  The letter follows recent news that Equifax sent ...

The U.S. Department of Housing and Urban Development (HUD) has announced that it will make $10 million available in Rural Capacity Building grants. The Rural Capacity Building (RCB) program enhances the capacity and ability of rural housing development organizations, Community ...

The Consumer Financial Protection Bureau (CFPB) confirmed in a circular published today that financial companies may violate federal consumer financial protection law when they fail to safeguard consumer data. The circular provides guidance to consumer protection enforcers, including examples of ...

Twenty-five-plus-year audit executive to join GSE to monitor key risks assessments, and replace the retiring J. Douglas Watt, Fannie Mae's current SVP and Chief Audit Executive.

In a move to assist borrowers in times of distress, the FHFA will require mortgage servicers to obtain fair lending data on borrowers to better understand their needs throughout the life of the loan. 

The Chairman of the House Financial Services Committee, Maxine Watters, has authored a public letter with the backing of 76 of her Democratic colleagues in the House of Representatives, the Board of Governors of the Federal Reserve, the FDIC, and ...