The Mortgage Bankers Association urged VA to adopt lender-generated documentation and bulk invoicing because loan-specific invoices are often not available.
A new executive order directs federal agencies to consider changing several major mortgage regulations in part to increase mortgage lending by smaller banks. Consumer advocates raised alarms.
Interest rates on mortgages held steady last week, according to Freddie Mac or they rose, according to the MBA; odds of Two Harbors investors approving acquisition by United Wholesale Mortgage decline.
The Mortgage Bankers Association said the CFPB consumer database should not act as an alternative to leaving reviews on Google, Yelp or the Better Business Bureau.
A poor jobs report and uncertainty following the launch of the Iran war have made it less likely the Federal Open Market Committee will vote for a rate cut in the near term.