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Results: 465 Articles found.
Oct 28, 2015 12:30 PM

FHA Abandons Insurance Claims Deadline

The Federal Housing Administration reportedly will abandon its plan to establish a deadline for lenders and servicers to file FHA insurance claims, citing mortgage industry concerns, HousingWire reported Oct. 19. In July, the FHA had proposed a three-month claims deadline.

Oct 21, 2015 12:30 PM

White House Rejects Idea to Recapitalize, Release GSEs

The White House on Oct. 19 said that it has no plans to support the recapitalization of government-sponsored enterprises Fannie Mae and Freddie Mac or release them from conservatorship, HousingWire reported. Officials said the only acceptable path is comprehensive housing policy reform.

Oct 21, 2015 12:30 PM

Report: Appraisers, Homeowners Still Differ on Value Opinions

The disparity between homeowner and appraiser opinions of home values increased for the eighth consecutive month, mortgage lender Quicken Loans reported Oct. 13 in its Home Price Perception Index. However, September marked the first month the gap has narrowed since February.

Oct 21, 2015 12:30 AM

Beige Book: Residential, Commercial Activity Improves

Residential real estate activity has been positive in most Fed districts, with many reporting that moderately priced homes have outperformed those at the high-end of the market, the Federal Reserve reported Oct. 14 in its newest Beige Book. Commercial and multifamily activity also has improved in all 12 Fed districts.

Oct 14, 2015 12:30 PM

Maryland Reduces Appraiser Licensing Fees

Maryland Gov. Larry Hogan announced on Oct. 6 plans to reduce or eliminate more than 100 state fees, including professional licenses for appraisers and real estate brokers, the Baltimore Sun reported.​

Oct 14, 2015 12:30 PM

CFPB Issues Guidance on Marketing Service Agreements

The Consumer Financial Protection Bureau on Oct. 8 provided additional guidance to the mortgage industry concerning marketing service agreements, offering an overview of the federal prohibition on mortgage kickbacks and referral fees and the risks lenders face by entering into these agreements.

Oct 14, 2015 12:30 PM

Fannie, Freddie Unveil New Mortgage Buyback Rules

Fannie Mae and Freddie Mac announced on Oct. 7 their plan to implement new repurchase procedures that would provide lenders with more clarity and transparency and encourage them to increase access to credit for qualified borrowers, HousingWire reported. The new rules takes effect Jan. 1.

Oct 07, 2015 12:30 PM

Big Banks Accused of Violating Foreclosure Settlement

The nation's biggest lenders are being accused by some housing counselors and government prosecutors of continuing to violate terms of the 2012 settlement in which five of the nation's largest banks agreed to pay $25 billion to resolve accusations of deceptive foreclosure practices, Politico reported Sept. 28.

Oct 07, 2015 12:30 PM

Ginnie Mae Increases Lender Reporting Requirements

Ginnie Mae will increase oversight of non-bank issuers by adding more reporting requirements and conducting deeper analysis of their capital and liquidity positions, National Mortgage News reported Sept. 29.

Oct 07, 2015 12:30 PM

Single-family Homes Can Ease Affordable Rental Shortage

As many as 13 million families will become renters over the next 20 years, according to the Urban Institute, which reported Sept. 28 that single-family homes could be used to help solve the shortage of affordable rental housing if government programs didn't routinely exclude them.

Results: 465 Articles found.

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