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Staffing, expenses challenged FHFA, but it met most fiscal year goals

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency kept up with the majority of its strategic targets in fiscal year 2022, but fell,.. Read More;

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American Financing Corp. laying off majority of its workforce

National Mortgage
Mortgage Finance
3 years ago

American Financing Corp. is laying off a majority of its workforce in the next five weeks, the mortgage banker confirmed,.. Read More;

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G-fees rose in 2021, driven by adverse market charge

National Mortgage
Mortgage Finance
3 years ago

Average guarantee fees for residential mortgages sold to the government-sponsored enterprises increased by 2 basis points in 2021, reversing a,.. Read More;

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Critics call Federal Home Loan Bank System 'corporate welfare'

National Mortgage
Mortgage Finance
3 years ago

Critics of the Federal Home Loan Bank System are claiming that the banking cooperative is receiving billions of dollars a,.. Read More;

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FHA premium cut could offset GSE fee reductions, analysts say

National Mortgage
Mortgage Finance
3 years ago

A now-more-than-likely cut in the Federal Housing Administration's mortgage insurance premium could offset any impact of the reduction in the,.. Read More;

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Mortgage applications increase for first time in 8 weeks

National Mortgage
Mortgage Finance
3 years ago

Mortgage application volumes swung higher for the first time in eight weeks, buoyed by lower interest rates that led to,.. Read More;

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What is shadow IT and why is it a threat to mortgage lender security?

National Mortgage
Mortgage Finance
3 years ago

The thought of shadow IT raises goosebumps for some executives overseeing lender IT departments. "Shadow IT is an absolute nightmare," said,.. Read More;

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CFPB asks Supreme Court to uphold constitutionality of its funding

National Mortgage
Mortgage Finance
3 years ago

The Consumer Financial Protection Bureau has asked the U.S. Supreme Court to overturn an appellate ruling that declared the agency's,.. Read More;

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CFPB eyes discrimination in tenant screening

National Mortgage
Mortgage Finance
3 years ago

Incidents of inaccurate, outdated and misleading information in tenant background reports are on the rise, according to a pair of,.. Read More;

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Housing bubble concerns persist but this is no '08 crash, experts say

National Mortgage
Mortgage Finance
3 years ago

Experts today have become reluctant to deny the existence of housing bubbles given widespread monthly home-price declines, and the experience,.. Read More;

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FHA's capital ratio increase prompts more calls for a premium cut

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Administration's Mutual Mortgage Insurance Fund's capital ratio increased 3 percentage points for fiscal year 2022, according to,.. Read More;

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JPMorgan forms joint venture for $1 billion in rental houses

National Mortgage
Mortgage Finance
3 years ago

JPMorgan Chase's asset-management arm entered into a deal to acquire more than $1 billion of single-family rentals, a sign that choppy,.. Read More;

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