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FHA lifts long-standing hurdle for 'rejected' borrowers

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Administration is doing away with a requirement that's been challenging mortgage borrowers and lenders since 1990 in,.. Read More;

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FHFA gives more flexibility to credit modernization timeline

National Mortgage
Mortgage Finance
2 years ago

The regulator overseeing Fannie Mae and Freddie Mac has introduced some new wiggle room into their deadline for modernizing credit,.. Read More;

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Indiana bank joins list of those shedding branches

National Mortgage
Mortgage Finance
2 years ago

Merchants Bancorp said it reached deals with two banks to sell a total of four branches in Illinois. Joining,.. Read More;

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The mighty American consumer is about to hit a wall, investors say

National Mortgage
Mortgage Finance
2 years ago

Shoppers in the Magnificent Mile shopping district in Chicago, Illinois, US, on Tuesday, Aug. 15, 2023.Jamie Kelter Davis/Bloomberg ,.. Read More;

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Freddie Mac updates student loan guidance as pandemic relief ends

National Mortgage
Mortgage Finance
2 years ago

One of the two large government-sponsored enterprises that buy and securitize a significant number of mortgages in the United States,.. Read More;

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Climate change is causing an insurance crisis in Louisiana

National Mortgage
Mortgage Finance
2 years ago

A destroyed home in floodwater after Hurricane Ida in Pointe-Aux-Chenes, Louisiana, U.S., on Thursday, Sept. 2, 2021. The electric utility,.. Read More;

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William Tessar on building a business with Civic Financial alums

National Mortgage
Mortgage Finance
2 years ago

Over 150 former staff of the real estate investment lender that was acquired by Roc360 earlier this year are among,.. Read More;

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Texas judge rebukes CFPB over anti-discrimination policy

National Mortgage
Mortgage Finance
2 years ago

Rohit Chopra, director of the Consumer Financial Protection Bureau, had amended its examination manual to instruct bank examiners to look,.. Read More;

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For the Fed, taming inflation also means navigating a housing crisis

National Mortgage
Mortgage Finance
2 years ago

As the Federal Reserve continues its quest to tame inflation, a stubborn lack of housing supply is propping up housing,.. Read More;

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FDIC admits oversight shortcomings in First Republic Bank's collapse

National Mortgage
Mortgage Finance
2 years ago

The Federal Deposit Insurance Corp. said in a report Friday that it failed to adequately assess interest rate risk and,.. Read More;

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Freddie Mac looking for new CEO at critical juncture

National Mortgage
Mortgage Finance
2 years ago

Freddie Mac CEO Michael DeVito will be retiring during the first quarter of 2024, after a nearly three-year tenure during,.. Read More;

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Multifamily starts fall to under half of the previous two-year average

National Mortgage
Mortgage Finance
2 years ago

Multifamily construction starts fell to less than half of typical recent norms during the second quarter and will likely cause,.. Read More;

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