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CFPB report takes deep dive at state Community Reinvestment Act laws

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau issued a report last week that examined seven state-level laws modeled on the federal Community,.. Read More;

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Former Finance of America CEO Patti Cook dead at 70

National Mortgage
Mortgage Finance
2 years ago

Long-time mortgage industry executive Patricia "Patti" Cook died on Nov. 3. She was 70 years old and passed away from,.. Read More;

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Loandepot fires back at former chief operating officer with lawsuit

National Mortgage
Mortgage Finance
2 years ago

Loandepot is suing its former chief operating officer for allegedly stealing confidentialinformation in November 2020, right before she departed and,.. Read More;

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Mortgage distress up 90% this year, counseling provider finds

National Mortgage
Mortgage Finance
2 years ago

Stress on other consumer debt classes has been slow to impact mortgage performance, but a rise in housing default clients,.. Read More;

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Renters get a bit of relief on surge in apartment construction

National Mortgage
Mortgage Finance
2 years ago

Renters in some of the fastest-growing U.S. cities are finally getting some relief after a few years of dizzying increases,.. Read More;

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Regulators say banks have been 'fairly positive' about the new CRA rule

National Mortgage
Mortgage Finance
2 years ago

Michael Barr, vice chair for supervision at the Federal Reserve, left, and Martin Gruenberg, chairman of the Federal Deposit Insurance,.. Read More;

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Seattle weighs tripling property levy to ease housing crisis

National Mortgage
Mortgage Finance
2 years ago

Seattle voters are poised to approve a ballot measure tripling the supplemental property tax that funds programs to support affordable,.. Read More;

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20 cities with the lowest home price per square foot

National Mortgage
Mortgage Finance
2 years ago

Enjoy complimentary access to top ideas and insights — selected by our editors. The top five cities in this ranking,.. Read More;

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Bond market has fighting chance to avoid historic losing streak

National Mortgage
Mortgage Finance
2 years ago

A prospect that might have seemed unthinkable just a couple short weeks ago is coming into view for bond traders:,.. Read More;

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FSOC finalizes nonbank designation rule, reversing Trump-era move

National Mortgage
Mortgage Finance
2 years ago

Treasury Secretary Janet Yellen, in her capacity as chair of the Financial Stability Oversight Council, approved the passage of a,.. Read More;

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How commissions litigation could affect mortgage lending

National Mortgage
Mortgage Finance
2 years ago

The shockwaves from the recent real estate commissions verdict are still reverberating, and the impacts to the mortgage industry could,.. Read More;

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TransUnion suggests alternatives to FHFA's credit report reduction

National Mortgage
Mortgage Finance
2 years ago

TransUnion this week asked the Federal Housing Finance Agency to reconsider a plan to start making an optional reduction in,.. Read More;

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