The MBA reports the performance of serviced loans nationwide remained relatively flat in November, despite the forbearance rate for Ginnie Mae loans increasing for the fourth straight month.
Read More »Biden-Harris Admin Sets Ambitious Goals to Combat Homelessness
After halting a rapid rise in homelessness, the Biden-Harris administration has announced plans to reduce homelessness 25% by 2025, announced as part of its annual Homelessness Assessment Report to Congress.
Read More »FHFA Releases Q3 2022 UAD Aggregate Statistics
The FHFA recently published its Q3 2022 data for the Uniform Appraisal Data Aggregate Statistics Data File. The agency also launched the new UAD Aggregate Statistics Top 100 Metro Areas Dashboard, which displays the statistics through customized maps and charts.
Read More »FHFA, CFPB Unveils Updated National Survey of Mortgage Originations Data
New data released from the FHFA and CFPB revealed the COVID-19 pandemic shaped the mortgage borrower experience in 2020, with nearly 50% of borrowers reporting that a paperless online mortgage process was more important to them during the pandemic than in previous years.
Read More »CFPB to Establish Registry to Detect Repeat Offenders
The proposal of a registry of company and court order information will assist the Bureau in identifying and mitigating risks to American households, according to the CFPB.
Read More »HUD Expands Climate-Friendly Incentive Offerings
Establishment of the new Rate Reduction Incentive advances HUD’s Climate Action Plan to create climate resiliency, reduce greenhouse emissions, and pursue environmental justice in housing.
Read More »The Week Ahead: CFPB to Deliver Update to Congress
This coming week, Rohit Chopra, Director of the CFPB, will provide an update to the Senate Banking Committee on the latest actions the Bureau has taken to protect consumers from financial misconduct.
Read More »Ginnie Mae Issues Report on VA Loan Health and Liquidity
As per the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018, Ginnie Mae has released its inaugural examination of VA-guaranteed loans.
Read More »Consumer Poll Predicts Housing Market Activity Slowdown
Responses to a recent Fannie Mae survey show high mortgage rates are contributing to near-all-time low optimism among potential buyers and sellers.
Read More »Underserved Borrowers to Get Leg Up From Fannie Mae
Underwriting processes to be enhanced to now support loans for credit invisible borrowers.
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