Mortgage trade groups are asking the CFPB to expressly permit servicers, in the case of escrow shortage, to include a lump-sum repayment option in account statements.

One of Seila Law’s arguments was that the CID cannot be ratified because the applicable three-year statute of limitations had expired. The court, however, said the time bar only applies to lawsuits.

For 2021, the appraisal exemption threshold for higher-priced mortgages remains unchanged at $27,200, according to a joint announcement by the CFPB, the Federal Reserve Board and the OCC.

The CFPB halts reorganization of its supervision, enforcement and fair lending division; the bureau refuses to rescind a policy regarding credit reporting agencies.

At the end of June, the the insurance giant laid claim to a residential whole-loan portfolio totaling $17.2 billion...

If the FHFA wants to release the GSEs from conservatorship before President Trump leaves office, it will need a big assist from Treasury. And therein lies the problem.

In a new lawsuit, fair housing organizations have alleged that Redfin’s minimum price policy makes it harder for agents to sell homes in minority neighborhoods.

Incorporating alternative data into the underwriting model with rigorous front-end control may help eliminate racial inequality in housing, according to industry analysts.

Pre-pandemic, consumers would start shopping 180 days before closing on a mortgage. The window has now shrunk to 100 days.