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Industry and consumer groups are calling on the Federal Housing Finance Agency to reduce the loan fees that homebuyers have to pay on Fannie Mae and Freddie Mac guaranteed mortgage loans.
June 22 -
The National Credit Union Administration will host Micro-Enterprise Lending: Making Loans to Small Business, a webinar designed to help credit unions learn how to assist small-business members.
June 22 -
Advocates of CU payday products offer mixed reviews of the bureau's proposed rule aimed at curbing predatory lending.
June 10 -
With the Consumer Financial Protection Bureau expected to clarify its integrated disclosure rules in July, lenders want to know how to remain compliant when unexpected changes come up right before a closing.
June 7
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While economists, auto dealers and some banks have suggested auto lending will soon be on the decline, credit union executives report volume is still going strong.
June 3
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A credit union executive was among the 12 appointees to the Department of Housing and Urban Development's new Housing Counseling Federal Advisory Committee aimed at making counseling more accessible for new homebuyers and troubled homeowners.
June 2 -
Although the Consumer Financial Protection Bureaus long-awaited proposal to establish the first federal rules for payday, auto title and high-cost installment loans offers a nod to NCUAs Payday Alternative Loans (PALs) program, CUs are concerned the plan will stifle their ability to offer consumer-friendly alternatives to an often predatory market.
June 2 -
Many appraisers are charging more or simply refusing to do FHA work, which to their minds now comes close to, if not crossing into, the remit of the home inspector.
May 27
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The Department of Housing and Urban Development is telling lenders that down payment assistance programs still qualify for FHA backing despite concerns raised last year by HUDs inspector general.
May 25 -
WASHINGTON The House passed a bill by a voice vote Monday that will make it easier for mortgage originators to take a new job across state lines or move from a federally regulated bank to a nonbank lending shop.
May 24
