The guidance was in response to a May 19 executive order regarding risks to the financial system from individuals not authorized to work in the U.S.

The Fair Credit Reporting Reseller Accuracy Act aims to reduce litigation for credit resellers.

H.R.2854, the Neighborhood Homes Investment Act, would provide federal tax credits to help close the gap between the cost of constructing or rehabilitating a home and its market value.

Despite the lack of presidential support, lawmakers said the passage of the bipartisan bill was an important step in boosting housing affordability.

UWM’s 2021 decision to ban affiliated brokers from working with Rocket Mortgage may have temporarily led to a reduction in rates.

VantageScore touts new study that claims its score model will allow access to $1 trillion in new lending opportunities.

The trade groups are seeking some changes to condo appraisal policies set to go into effect next month as well as a delay in implementation.

A small increase in mortgage rates drove existing home sales down in June.

Brokers are increasing their production of non-qualified mortgages to keep up with rising demand, particularly from self-employed borrowers and real estate investors.

The first-quarter tally was the highest quarterly issuance total for Ginnie since the fourth quarter of 2021.