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Results: 507 Articles found.
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 14, 2015 08:00 AM

Appraisal Institute, Land Trust Alliance Agree to Promote Appraisals for Conservation Easements

The Appraisal Institute and the Land Trust Alliance today announced they will enhance cooperative efforts to promote the quality of appraisals prepared for conservation easements.

 
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.

 
Sep 30, 2015 12:30 PM

Cordray Signals 'Hold-Harmless' Period for TRID Compliance

Consumer Financial Protection Bureau Director Richard Cordray delivered his semi-annual report to the House Financial Services Committee Sept. 29, signaling that financial regulators are working on guidance for a "hold-harmless" period to facilitate compliance with TILA-RESPA integrated disclosures that take effect Oct. 3, the ABA Banking Journal reported.

 
Sep 30, 2015 12:30 PM

Fed: Dodd-Frank Not Hurting Mortgage Access

Qualified mortgage rules that took effect January 2014 and were mandated by the Dodd-Frank Act have had little effect on consumers' ability to get a mortgage, according to a Federal Reserve review of mortgage disclosure data, MarketWatch reported Sept. 22.

 
Sep 30, 2015 12:30 PM

Freddie Offers Rebate to Multifamily Borrowers with Energy Star Score

Freddie Mac announced on Sept. 15 a new program to help increase the energy efficiency of multifamily properties by offering a rebate on new mortgages for borrowers who voluntarily submit an Energy Star Score with their loan documents.

 
Sep 23, 2015 12:30 PM

Fed Keeps Benchmark Interest Rate Unchanged

The Federal Reserve decided Sept. 17 to keep its benchmark interest rate unchanged due to global economic weakness and financial market uncertainty, USA Today reported. During the run-up to the meeting, economists had heated debates about whether the central bank would raise the rate, which has been near zero since 2008.

 
 
Results: 507 Articles found.

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