The increase in usage of home equity lines of credit suggests that consumers are facing some financial difficulties, the NCUA has warned.

Concerns are growing that a credit crunch of sorts might be on the way for nonbanks as federally insured warehouse lenders begin to pull back. At least one veteran player, Comerica, has exited the space.

What’s a mortgage CEO worth these days? If it’s a public company, that’s a decision for shareholders and the board. Most senior managers had their pay reduced last year, but not all. (Includes data chart.)

Pushback of proposed certification requirements and a vacant leadership role have led to a year-long blackout on new CDFI applications.

Despite their support for a standardized approach for evaluating the validity of an ROV, trade groups disagree that lenders should face fair-lending liability for the valuations made by independent appraisers.

The Neighborhood Homes Investment Act would offer tax incentives to support the creation or rehabilitation of 500,000 starter homes.

More than 13,000 residents have established a credit score for the first time due to the pilot program.

The proposed rule would require mortgage originators to adopt policies and procedures to ensure automated valuation models protect against manipulation of data and ensure confidence in the appraisal estimates.

State Farm, the nation’s largest writer of home insurance, cited inflation, wildfire risk and a challenging reinsurance market as reasons for its exit from the home insurance business in California.

MISMO is helping to facilitate collaboration between servicers and federal regulators to improve the servicing transfer process. The CFPB is also keeping a close eye on complaints tied to servicing transfers.