A common pleas court has ruled that Ohio’s Servicemembers Civil Relief Act does not protect active servicemembers from home loan interest rates above 6%, according to attorneys representing the defendant.

The National Association of Mortgage Brokers is seeking legislation that would prohibit credit reporting agencies from selling trigger leads.

The Bipartisan Policy Center and the Urban Institute this month called on local, state and federal policymakers to help address the critically short supply of housing, especially affordable housing.

A rule allowing borrowers to purchase private flood insurance can be expected in February, according to HUD’s recently released agenda.

The latest version of the Biden administration’s Build Back Better agenda retained several key programs intended to support homeownership.

An Illinois appeals court vacated a summary judgment in favor of Fifth Third Mortgage Co. that led to the foreclosure sale of a couple’s home and remanded the case to a circuit court.

In an effort to reinforce its commitment against racial bias in home valuations, FHA updated its general appraiser requirements. An interagency task force discussed the issue this week.

First-time homebuyers seeking loans backed by FHA, VA or the Rural Housing Service are among those eligible for the DPA program under the Build Back Better Act.

The mortgage industry is applauding the passage of a False Claims Act amendment that would address language in a previous version that could have led to unintended consequences for FHA and VA lenders.

Chairs of two congressional committees have pledged to fight to ensure a hefty level of funding for housing in the Build Back Better package.