Fair housing advocates said HUD should continue to monitor mortgage lenders for potential discrimination stemming from the use of predictive technologies.
For refinances completed during the second quarter, 28% of borrowers remained with the servicer of their previous mortgage, the largest share since the pandemic started, according to Black Knight.
But the influential HFSC chair — who has no Congressional vote on such a nomination — also noted the acting director’s experience as a prudential regulator...