The share of borrowers using discount points has more than doubled since 2020. The use of discount points is more common among nonbanks.

An OIG report found issues with reporting of appraisal bias by Freddie Mac and the Federal Housing Finance Agency.

On the surface, the yield looks expensive for the issuer but in a rising interest rate environment, maybe it’s not.

Home purchases are expected to increase next year as demand continues to be strong and rates fall slightly.

Though many financial companies have significant concerns about actions by the CFPB, the reforms brought in by the bureau are generally preferred, according to industry stakeholders.

It has been two months since the CFPB’s nonbank repeat offender registry opened for registration, but still confusion remains among entities over whether they fall under the scope of the rule.

One of the nation’s top mortgage lenders wants a federal court to confirm that lenders can’t interfere within independent appraisals, even if they are allegedly discriminatory.

The National Credit Union Administration’s Division of Fair Lending Supervision next year will focus on credit unions that have recently expanded into underserved areas.

The proposed rule would classify data brokers as consumer reporting agencies when they sell certain sensitive consumer information. However, it is doubtful whether the proposal will move forward under Trump.

The final rule is at risk of being overturned by the Congressional Review Act under the incoming Trump administration. Trade groups representing banks have also filed a lawsuit against the final rule.