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FHA Seeks Comments on Proposed Rehab Program Revisions

November 30, 2023
Monica Hogan
FHA plans to reduce barriers to the 203(k)-rehabilitation loan program.
Read More

CFPB Funding Requests Near Statutory Cap

November 30, 2023
Sam Manas
As of Sept. 30, the CFPB had 1,677 employees, an increase of 55 employees from a year earlier and 237 more than in 2019.
Read More

Former Senior FDIC Official Named New Leader of CSBS

November 30, 2023
Brandon Ivey
Brandon Milhorn was most recently the deputy to Travis Hill, vice chair of the Federal Deposit Insurance Corp.
Read More

Short Takes: LO Reality Show / Impact of Higher Rates / Sticker Shock for Home Sales / Affordability Constrained

November 30, 2023
Brandon Ivey
Fairway Independent Mortgage created a “docuseries” following teams of loan originators at the lender.
Read More

FHLBank Earnings, Advance Usage Down in Third Quarter

November 29, 2023
Dennis Hollier
The 11 Federal Home Loan Banks reported net income of $1.74 billion for the third quarter, down 5.7% from the previous period.
Read More

BofA Fined $12 Million for HMDA Misreporting

November 29, 2023
Sam Manas
The CFPB fined Bank of America $12 million for claiming mortgage applicants chose not to provide race, ethnicity and sex data when in reality applicants hadn't been asked about it.
Read More

Annaly to End Lull in Expanded-Credit MBS Issuance

November 29, 2023
James Dohnert
Annaly's $389.5 million expanded-credit mortgage-backed security ends a two-week period between expanded-credit MBS offerings.
Read More

Correspondent Outlets Showing Strong Demand for Loans

November 29, 2023
Brandon Ivey
Guild Mortgage's originations unit turned a profit in the third quarter thanks to strong demand from correspondent buyers.
Read More

Short Takes: FHA Loan Limits / Immediate Implementation / Home Price Declines? / Applications Depressed

November 29, 2023
Brandon Ivey
Now that the 2024 conforming limits have been set, the FHA and lenders are setting their 2024 boundaries...
Read More

GSE Loan Limits to Increase 5.6% in 2024

November 28, 2023
Brandon Ivey
The baseline conforming loan limit for one-unit properties will be $766,550 in 2024.
Read More
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Latest Imf News

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Featured Data

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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