The denial rate on mortgage applications calculated solely from Home Mortgage Disclosure Act data provides a misleading measure of credit availability, according to industry analysts. Analysts from the Urban Institute and the Federal Deposit Insurance Corp. authored a paper suggesting that the attributes of loan applicants should be taken into consideration when determining denial rates. “Higher denial rates can be the result of either a tighter credit environment or an increase in ...

There are dozens of residential lenders that use the phrase “fintech” to describe their activities, but whether they will file to become a depository is a different matter.

Fairholme: “Fund performance was disappointing in the first half mostly due to the decline in the preferred shares of Fannie Mae and Freddie Mac…”

The report makes more than 80 recommendations related to fintech and nonbank financial policy.

Roughly 59.8 percent of the reviewed loans were initially deemed unacceptable.

A prediction: “Watch for an end to the GSE conservatorships under a Republican Director at the FHFA...

HUD has been trying unsuccessfully to obtain authority from Congress to charge a similar fee to modernize its aging information technology systems…

Layton said Freddie is exploring the use of additional credit risk transfers...

FHA officials are worried about rising concentrations of higher-risk loan characteristics…

Fannie and Freddie have increased their market share in multifamily to 60 percent compared to 52 percent two years ago, according to former Obama administration official Michael Stegman…