The Federal Housing Finance Agency announced on Wednesday it will retire flexibilities after this final extension due to low usage. Source: Inman News
Posts published in “CFPB”
After months of warning of a crackdown, the CFPB has started probes into several mortgage servicers, people familiar with the matter say. Source: Inman…
Refinances are decreasing as purchases take over market share. These top 10 purchase lenders from 2020 are best prepared to dominate lending in 2021. Source:…
The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from…
The CFPB introduced new rules that changes the game for mortgage servicers. Experts lay out the changes that await the servicing industry. Source: Inman News
The Mortgage Bankers Association believes that delaying the mandatory compliance date, as proposed by the Consumer Financial Protection Bureau, will not increase access to credit. …
The Consumer Financial Protection Bureau is requesting comments from stakeholders on the proposed rule, but given the urgency of the crisis, the deadline for comments…
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals. Source: Inman News
Hundreds or thousands of investors could be impacted by litigation over Zillow’s agent-lender co-marketing program. Zillow continues to say the three-year-old suit is without merit. …
The Consumer Financial Protection Bureau believes “season QM” mortgages will spur innovation. But not everyone is convinced they’re a good idea. Source: Inman News