Credit reporting inaccuracies are having a major impact on low-income consumers who are trying to find housing, according to participants at a recent CFPB Consumer Advisory Board Meeting.

Low-income homeowners and older individuals are at an increased risk of losing their property to a tax foreclosure.

Zillow launches new AI tool; CFPB sues another student loan provider; CFPB credit card lawsuit hits another bump; CFPB director to meet with Congress.

Keefe, Bruyette & Woods on Sunday upgraded mortgage insurers MGIC and Radian to “outperform” from “market perform.”

Naa Awaa Tagoe, deputy director for housing mission and goals at FHFA, waded through some of the agency’s most recent controversies at the MBA’s secondary market conference.

Many trade groups denounced Freddie’s plan to buy second liens, saying key details were lacking. There are also concerns that Freddie’s effort will simply cannibalize an otherwise healthy and liquid non-agency market for second liens.

Fannie Mae and Freddie Mac this week announced enhancements to their flex modification programs. The primary aim is to ensure that modifications result in a 20% reduction in P&I payments.

A new advisory bulletin from the FHFA will require the GSEs to come up with comprehensive, actionable plans to deal with the impacts of climate change on housing finance.

Fannie and Freddie boast about their downpayment assistance and consumer education programs, key initiatives to help first-time homebuyers in a high-interest-rate, low-supply market.

The capital markets teams at Fannie Mae and Freddie Mac tweaked their product offerings in May.