Government

DS News spoke to the National Mortgage Servicing Association’s 2019-2021 Chair Wes G. Iseley and 2022-2024 Chair Jocelyn Martin-Leano about the state of the servicing landscape and what lies ahead.

Home prices continued to appreciate in the second quarter of 2022, with the average home appreciating at an annual rate of 19%.

The Secretaries of the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Veterans Affairs (VA) Marcia L. Fudge and Denis McDonough have made a joint announcement about the availability of $10.4 million of new money ...

The Federal Housing Finance Agency (FHFA) has released its latest report on the sale of non-performing loans (NPLs) by Government Sponsored Enterprises Fannie Mae and Freddie Mac (the GSEs).  The latest edition of the Enterprise Non-Performing Loan Sales Report includes ...

New guidance from the Bureau affirms that “permissible purposes” are required to use and share credit reports and background reports by companies compiling personal data.

The Fannie Mae Home Purchase Sentiment Index (HPSI) decreased 3.4 points in June to 64.8, its second-lowest reading in a decade, according to their latest report. Surveyed consumers continue to express pessimism about homebuying conditions, with only 20% of respondents ...

One of the most effective reforms to Fannie Mae and Freddie Mac during their 14 years in conservatorship was the 2019 introduction of the Uniform Mortgage Backed Security (UMBS), a single security backed by mortgages guaranteed by either or both ...

Following recent confirmation by the U.S. Senate, HUD Deputy Secretary Adrianne Todman has issued the oath of office to Vinay Singh, HUD’s newest administrator of instituting financial integrity, fiscal responsibility, and accountability.

The Bureau clarified that states have the flexibility to preserve fair and competitive credit-reporting markets by enacting state-level laws stricter than the Fair Credit Reporting Act, which does not stop states from enacting laws tackling problems related to medical debt, tenant screening, and other consumer risks.

In two separate cases, HUD has reached agreements in Massachusetts and California with several parties in settling housing discrimination claims.