Northern California mortgage lenders are seeing numerous loan applications with falsified child support or spousal support income.

The inclusion of sales data on comparable properties and statistics on the racial and ethnic composition of neighborhoods should allow researchers to better identify incidents of appraisal bias.

Pricing on Fannie’s latest CRT offering topped out at average 30-day SOFR plus 685 bps for the 1B-2 class.

Delinquencies inched up slightly in the first quarter, despite remaining near historic lows. Meanwhile, loan forbearances rose while modifications declined.

The new value denotes multifamily properties where the borrower sponsors affordable units in cost-burdened or very cost-burdened areas.

The anonymized data from the voluntary survey give multifamily property owners insight into how their energy and water use compares to similar properties in other parts of the country.

FHLB San Francisco CEO Teresa Bazemore argues that the system’s dual mandates of supporting housing and providing liquidity for FHLBank members are related.

All House Republicans and 14 House Democrats voted to undo FHFA’s revision of GSE loan-level pricing adjustments. The bill would also require future changes to the grids to follow risk-based pricing.

The FHFA needs to slow its roll to new credit scores, a swath of stakeholder organizations argues.

New guidelines for GSE condo and co-op lending requirements should be subject to public comment, trade groups argue.