The mortgage industry has raised concerns over the cost implications of both the CFPB’s proposed repeat offender registry and its proposed registry of contract terms that nonbanks use to censor customers.
Both Fannie and Freddie made significant strides in meeting the objectives laid out in their 2022 equitable housing finance plans, according to progress reports released by the enterprises.
The nation’s second-largest residential mortgage lender based on 2022 originations has revived its conventional 1% downpayment mortgage product; FTC approaches court to stop ICE-Black Knight merger.
The FTC filed a motion for a temporary restraining order and a preliminary injunction to halt the proposed acquisition of Black Knight by Intercontinental Exchange.
USDA has announced it’s extending through May 31 the deadline for servicers to approve borrowers’ requests for an initial COVID-19-related mortgage payment forbearance.