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Questions about how it will be implemented and whether the rest of the market will follow the agency's lead make the expense involved difficult to estimate.
October 19 -
While the latest change applies specifically to COVID forbearances, the agency is looking at more options for alternatives that can be offered on a regular basis, Director Sandra Thompson said.
October 16 -
Overall rate locks dropped 1.5% on a month-to-month basis; the drop in purchase volume was higher at 1.9%, Black Knight said.
September 11 -
The Home Loan banks are failing to serve huge numbers of Americans because of their reliance on outdated credit scoring models.
July 5GreenLyne Inc. and Sentrana Inc. -
Between 2004 and 2021, the share of originations under $150,000 has declined by 70%, forcing a growing number of consumers to seek alternative forms of financing instead of getting a mortgage, a Pew Charitable Trusts report found.
June 28 -
The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.
May 10 -
The shift opens the door for regional banks to increase their aggregation activities, analysts said.
January 12 -
The Federal Housing Finance Agency said it would heed the recommendation from a report by its Office of the Inspector General released this week.
December 21 -
The final rule also orders the government-sponsored enterprises to give advance notice of new activities to determine if they are subject to these procedures.
December 20 -
The bill will require the agency to codify the use of desktop appraisals.
December 20