Equifax Credit Score Snafu May Have Had Wider Impact August 22, 2022 Dennis Hollier Fannie Mae said it’s still working with Freddie and the FHFA to “assess the impact" of the incident...Read More
Cenlar Beefs Up Its Default Team...to Please the OCC? August 19, 2022 Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...Read More
Ginnie Mae Eyes Expansion of FHA-HFA Risk-Share Program August 19, 2022 Monica Hogan Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...Read More
Ginnie and FHFA Release Mostly Simpatico Eligibility Requirements for Servicer/Issuers August 17, 2022 Paul Muolo and Dennis Hollier There are no stunning changes on the required capital minimums...Read More
Fed Paper Suggests Refi Discrimination on Some Low-Balance Loans August 17, 2022 Dennis Hollier The Fed found that borrowers with balances below $150,000 pay proportionally higher closing costs...Read More
Mortgage-Related Complaints Decline in 2Q22 August 16, 2022 Sam Manas Criticism about applications plunged 26% year over year...Read More
It's Official: Ginnie Loosens Capital Standards for Credit Unions August 15, 2022 Monica Hogan Meanwhile, a senior Ginnie official said the agency will have more to say about capital requirements for nonbanks in the very near future...Read More
FHFA: Servicers Must Maintain Fair Housing Data August 11, 2022 Dennis Hollier Fannie/Freddie servicers must collect age, race, ethnicity and language preference data from borrowers.Read More
The Key, Perhaps, to an FHA Premium Cut: The FCRA August 10, 2022 Monica Hogan FHA Commissioner Julia Gordon said, “Read the Federal Credit Reform Act.”Read More
HUD Explores Expanding CDFI Access to Ginnie Mae August 9, 2022 Monica Hogan The task force is looking at administrative actions it can take to boost CDFI participation in the Ginnie Mae program...Read More
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