The overall forbearance rate is levelling off but loans packaged into non-agency MBS and those held in portfolio showed a relief-request reading of 10.18%, up 15 basis points.
Redlining practices of several decades ago continue to have an adverse impact on black families’ homeownership rates and home equity, according to a recent study by Redfin.
HUD Secretary Ben Carson told lawmakers he will cooperate with an inquiry into whether a new policy prevents DACA recipients from receiving federally backed mortgage loans.
While it is unclear how the attorney general would approach the enforcement efforts, the penalties for violations could be hefty and accumulate quickly.
RSS