Tag Archives: National Urban League

Jacob Williamson of Fannie Mae chats with DS News on the latest happenings with the GSE, including valuation modernization, the PAVE Task Force, and Future Housing Leaders and the Appraiser Diversity Initiative, among other topics.

As mainstream media has highlighted recent instances of discrimination in home valuations, the GSE has taken steps to reverse the course and promote diversity and inclusion in the appraisal space.

Wells Fargo and the National Urban League have released the second edition of ""The Foreclosure Workbook: The Complete Guide to Understanding Foreclosure and Saving Your Home."" The resource offers information to aid homeowners behind on their mortgage payments. Through its affiliates that manage homeownership and foreclosure prevention programs, the Urban League will distribute about 7,500 copies of this latest edition to distressed homeowners across the country.

The debate over what constitutes a Qualified Residential Mortgage (QRM) is heating up, with a pivotal argument centered around whether or not the proposed QRM stipulations will actually lower the risk of default. In one corner you have the handful of regulators charged with putting the definition of QRM into the rule book, and in the other corner you have just about everybody else, with consumer advocates joining mortgage bankers in a rare showing, and congressional lawmakers standing firmly alongside them.