NYDFS Uncovers Racial Lending Disparities but No Fair Lending Law Violations December 9, 2022 Sam Manas The New York regulator has ongoing investigations into other lenders in Buffalo, Rochester, Syracuse and Long Island.Read More
Fannie Updates DU to Include Borrowers with No Credit History December 7, 2022 Dennis Hollier Despite the outreach, borrowers will still be subject to a 50% debt-to-income ratio cap...Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
CHLA Asks FHA, FHFA to Intervene on Costs of Credit Reports December 1, 2022 Monica Hogan Trade group President Taylor Stork said the reasoning behind the price increases have been shrouded in secrecy...Read More
2023 Fannie/Freddie Conforming Loan Limit Spikes 12% November 29, 2022 Dennis Hollier Home price appreciation has slowed of late, but year-over-year it's still up more than 12%...Read More
Lenders, Analysts Remain Nervous About Ginnie's Eligibility Rules November 28, 2022 John Bancroft The most controversial part of the scheme: a 250% risk weight on agency MSRs...Read More
NMLS Renewals Stumble Early On, But Then Recover November 22, 2022 Sam Manas Some advance change notices didn’t take effect...Read More
New GSE LLPA Rules Kick In Next Month November 22, 2022 Dennis Hollier The fee reductions were supposed to go into effect as soon as possible...Read More
FHA Now Accepting Private Flood Insurance Policies. Meaning? November 22, 2022 Paul Muolo The big question: Will private sector flood premiums be able to compete with the NFIP?Read More
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