Mortgage giants allegedly weren't informed in advance that they'd be required to accept VantageScore 4.0, and lenders have lots of questions about how the new process will work
While questions remain about details of the new policy, FHFA Director Bill Pulte says mortgage lenders must still use 'tri-merge' process to obtain scores from all 3 major credit bureaus
Opinion
33K VA loans are currently facing foreclosure. Housing counselor Rachael Hite says agents need to know what is happening to their clients
Many brokerages have used joint ventures to enter mortgage, title, insurance or property management verticals, Phillip Cantrell writes, increasing profitability and client retention
Bill Pulte made his pitch in a statement on Wednesday. The FHFA director and President Donald Trump have been trying to pressure Powell to resign amid high interest rates
Housing trade groups — including NAR, MBA and NAHB — like tax breaks for homebuyers and businesses, and urge lawmakers to put the bill on Trump's desk
Recission of a dozen regulatory policies aimed at 'slashing red tape that drives up costs and shuts families out of the market' is effective immediately, HUD Secretary Scott Turner said
Head of Fannie Mae and Freddie Mac's federal regulator says mortgage giants should consider what risk mitigation might be required, 'including adjustments for market volatility'
The 2023 order, aimed at ensuring collection of information about applicants' race, ethnicity, gender, wasn't scheduled to be lifted until 2028. Regulators say bank has fulfilled its obligations
Summer Goralik examines practices drawing fresh regulatory scrutiny, putting questionable, and potentially unlawful, incentives between brokers and escrow back in the spotlight
No evidence of 'horizontal agreement' by real estate brokerages to inflate commissions, but judge will hear arguments alleging a 'vertical antitrust conspiracy' with NAR
The new policy was signed into law by Governor Maura Healey during the first week in June and is included in the state's larger Affordable Homes Act. The law will apply to sales after Oct. 15, 2025
According to coach Darryl Davis, keeping careful records, researching thoroughly and communicating regularly are your best bets for staying on the right side of the law
Judge declines to reopen case and vacate settlement with Chicago mortgage broker Townstone Financial, calling the request 'a Pandora’s box the court refuses to open'
The Trump administration is seeking to cut 90% of the CFPB's workforce, and has dismissed about 20 active enforcement cases and moved to vacate or weaken several finalized settlements
Lawmakers want assurances that privatizing the mortgage giants or taking them public won't drive mortgage rates up, or put investor profits 'over the homes of millions of Americans'