How commissions litigation could affect mortgage lending

November 4, 2023by

The shockwaves from the recent real estate commissions verdict are still...

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TransUnion suggests alternatives to FHFA’s credit report reduction

November 4, 2023by

TransUnion this week asked the Federal Housing Finance Agency to reconsider...

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Change Lending keeps CDFI certification after agreement with US Treasury 

November 4, 2023by

Non-bank originator Change Lending will continue to originate non-qualified mortgages (non-QMs)...

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CFPB report finds state community reinvestment laws can go beyond federal version

November 4, 2023by

The Consumer Financial Protection Bureau (CFPB) this week published a report...

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No more rate hikes expected as unemployment rate rises to 21-month high

November 4, 2023by

Canada’s unemployment rate ticked up two basis points to 5.7% in...

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Experts predict lower mortgage rates next week as bond yields plunge

November 4, 2023by

Mortgage shoppers and those with upcoming renewals may see some rate...

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FHA publishes proposed reverse mortgage servicing guidance to Single Family Drafting Table

November 4, 2023by

The Federal Housing Administration (FHA) this week published a new draft...

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Extended Maui foreclosure relief covers HECM borrowers

November 4, 2023by

The Federal Housing Administration (FHA) this week extended a moratorium on...

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Cyberattack on Mr. Cooper forces it to lock down systems

November 4, 2023by

Texas-headquartered lender and servicer Mr. Cooper pointed to a cybersecurity incident...

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HUD OIG launches inquiry into how Ginnie Mae monitored RMF

November 3, 2023by

On Thursday, the Office of the Inspector General (OIG) of the...

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