But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals. Source: Inman News
Posts published in “CFPB”
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
The United States Supreme Court, which begins its next session in October, will determine if the structure of the Federal Housing Finance Agency is constitutional. …
The agency, which helps protect consumers from bad lending practices — including in the mortgage space — was born out of the 2008 financial crisis. …
The website outlines all of the housing protections included in the CARES Act and offers tools to help homeowners and renters. Source: Inman News
The National Association of Realtors is calling on the Consumer Finance Protection Bureau to improve the qualified mortgage definition and government-sponsored entity patch as well…
Freedom Mortgage reported inaccurate information on race and sex between 2014 and 2017. The firm originated 50,000 mortgages per year during that period. Source: Inman…
Most were pleased with Trump’s performance and identified with him as a real estate businessman. Source: Inman News