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Banks left in limbo as regulators mull path forward for Basel -
As VA foreclosure plan deadline nears, servicers ask for more time -
Fed to start slowing balance sheet wind down in June -
FHLB officials concerned about supervisory implementation of FHFA report -
Lenders, TPOs barred from HECM-for-Purchase contributions
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The April and May announcements from the U.S. government, down payment assistance firms and lenders on easing the homeownership affordability crunch.
May 17
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Rohit Chopra, director of the Consumer Financial Protection Bureau, said Friday that the agency will be moving forward with rules and enforcement actions after the defeat of a Supreme Court challenge to the agency's constitutionality.
May 17 -
Roam Boost eases the path for FHA and VA mortgages held by sellers to be assumed by the buyer.
May 17 -
The House Financial Services Committee passed eleven bills, including a Democratic-sponsored bill on homeless veteran housing and a Republican-led package on bank regulation.
May 17 -
Millennials are likely to drive purchase business, while Gen X is the most likely refinance candidates, a related Freddie Mac analysis said.
May 17
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America's Moneyline, which is accused of flouting UWM's ultimatum, argues Fairway's exit from wholesale and recent media coverage warrant a reconsideration of a previous decision to dismiss its countersuit.
May 17 -
The assistance is available for borrowers with sub-620 FICO scores with earnings less than 80% of the Area Median Income, or first-time home buyers with no restrictions.
May 16 -
Late payments on VA loans were up markedly within the first quarter, in contrast to other products, according to new Mortgage Bankers Association data.
May 16 -
Housing starts increased 5.7% to a 1.36 million annualized rate after downward revisions to prior months, according to government data released Thursday.
May 16 -
For the second consecutive week, rates for the 30-year fixed rate mortgage declined as the Consumer Price Index report was better than expected.
May 16
