Keep your eye on these top 10 purchase lenders this year
The lenders who took the most market share in purchase mortgages in 2020 are best prepared to dominate lending in 2021
by Kelsey Ramírez Apr 14
Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit
by Matt Carter Apr 13
mortgage servicers
The CFPB introduced new rules that changes the game for mortgage servicers. Experts lay out the changes that await the servicing industry
by Kelsey Ramírez Apr 9
MBA: Delaying non-qualified mortgage rule will bring uncertainty to housing
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
by Kelsey Ramírez Apr 6
New CFPB proposal would take foreclosures off the table for 2021
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 is May 10
by Kelsey Ramírez Apr 5
CFPB to mortgage servicers: Get prepared, or else
CFPB continues watch of servicing industry as consumers exit forbearance
by Kelsey Ramírez Apr 5
CFPB
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals
by Kelsey Ramírez Apr 2
What to look for in a closing disclosure form
How long has it been since you updated your closing disclosure form? Here is a page-by-page breakdown of what you should review, verify, understand and inform clients about
by Marvin Stone Apr 1
Zillow investor lawsuit over co-marketing program gets class-action status
Hundreds or thousands of investors could be impacted by litigation over Zillow's agent-lender co-marketing program. Zillow continues to say the 3-year-old suit is without merit
Feds propose new mortgage category
The Consumer Financial Protection Bureau believes 'season QM' mortgages will spur innovation. But not everyone is convinced they're a good idea
by Jim Dalrymple II Aug 19
CFPB to adopt price-based approach for qualified mortgage standards
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access
by Marian McPherson Jun 23
Trump administration announces halt on foreclosures and evictions
For now, evictions and foreclosures will be placed on a moratorium until the end of April
by Lillian Dickerson Mar 18
The last housing finance roundup of 2019
Real estate news from the year's end
by Lew Sichelman Dec 31
Equifax will pay up to $700M over data breach that exposed millions
The payments are a response to the largest-ever data hack of its kind, which was discovered in 2017 and impacted nearly 150M consumers
by Jim Dalrymple II Jul 22
When lenders reject US veterans, who you gonna call?
NewDay USA parachutes in to help veterans with their mortgages where traditional banking institutions balk
by Lew Sichelman Jun 19