According to the Consumer Financial Protection Bureau, a new analysis of nearly half a million complaints reveals ongoing challenges, as TransUnion, Experian, and Equifax top the list of complaints.
Read More »Freddie Mac CRT Produces Record First Half of Year
Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program reported Q2 2022 CRT issuance of approximately $6.5 billion, protecting approximately $151 billion in unpaid principal balance (UPB) of single-family mortgages. The final total was a record for a second ...
Read More »Fannie Mae Executes $23.1B CIRT on Single-Family Loans
Fannie Mae announced the execution of its fourth Credit Insurance Risk Transfer (CIRT) transaction of 2022. Dropping nearly 12% from the first transaction of $26 billion executed in February, Fannie Mae will retain risk for the first 45 basis points ...
Read More »Southern States Lead Delinquency Drops
According to new data, 2 million homeowners are either past due on their mortgage loans or in some stage of foreclosure. Click through to read more.
Read More »More than $400M Refunded to Veterans
A new report says tens of thousands of vets were improperly charged extra fees when applying for their loans.
Read More »Equifax and FICO Partnership: Industry Impact
Earlier this year, Equifax and FICO announced a partnership, pooling their collective consumer financial data. Here's how that partnership may affect banks, lenders, and lending practices.
Read More »Britain’s Barclays Returning to U.S. Mortgage-Backed Securities Market
A decade after bonds tied to U.S. home loans contributed to the financial crisis, British investment bank and financial services company Barclays is returning to the residential mortgage-backed securities market, Reuters reports. Many banks retreated from selling and trading portions ...
Read More »HUD Secretary Benjamin Carson Responds to DACA Mortgage Questions
During a hearing before the House Committee on Appropriations to present HUD's budget plans, HUD Secretary Ben Carson addressed DACA FHA loan concerns and more.
Read More »A Volatile Q4 for Big Banks
Here’s a break down of how JPMorgan Chase and Wells Fargo performed in housing finance during the fourth quarter.
Read More »Caliber Announces Top Management Changes
In a top management shake-up, the Coppell, Texas-based Caliber Home Loans announced that it had appointed Jordan Licht as COO, Production and Danny Horanyi as Head of Non-agency Lending.
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