A survey showed that a majority of homeowners who entered into some sort of COVID-19-related forbearance agreement still got dinged on their credit reports.

Even though Fannie Mae and Freddie Mac have loosened standards for property appraisals, lenders are choosing the option of using appraisal waiver programs.

Rep. Andy Barr of Kentucky: “Important sectors of our economy, including hospitality, conventions, entertainment, retail and commercial real estate, remain in stress."

But that’s easier said than done. The CMBS structure prohibits borrowers from taking on additional debt and includes a prepayment penalty clause, Federal Reserve Chair Jerome Powell pointed out.

Under the Fed’s framework, which in many ways differs from the OCC’s final rule, a bank’s mortgage lending performance will be evaluated in two ways: a retail test and community development measurement.

Under the Fed’s plan, a bank’s mortgage lending performance would be evaluated in two ways: a retail test and a community development measurement...

Collateralized loan obligations tied to commercial real estate are faring well thanks to the sector’s limited exposure to the lodging industry.

But regulators are concerned about their ability to identify violations and a reduction in an important source of state revenue — branch licensing fees.

Several industry executives and officials from four state regulatory agencies attended the meeting on remote work flexibility.

The mortgage data provider said the sweetened offer of $66 a share is still significantly low. The vendor also refused a request for due diligence from the investor group.