The conforming loan limit for one-unit properties in 2018 will be $453,100, according to an an-nouncement this week by the Federal Housing Finance Agency. The limit for mortgages eligible to be delivered to the government-sponsored enterprises increased by 6.8 percent from the current limit.
The new boss at the Consumer Financial Protection Bureau – Mick Mulvaney – wasted no time this week in beginning to steer a new course for the controversial agency.
Earlier this week, GR promoted two senior vice presidents – James Elliot and Chris Knapp – giving them additional responsibility over sales and recruiting…
Mulvaney’s ascension has raised expectations the bureau will alter its legal positions in high-profile cases such as those involving Ocwen Financial and PHH…
Acting Ginnie Mae president Michael Bright said the task force is examining critical issues, important data and lender behaviors related to refinancing loans…