Automated data validations are integral to a seamless digital mortgage experience. But the extent of data exposed in the Equifax breach raises questions about the risk of fraudsters exploiting those technologies to further compromise consumer data.
Mortgage investors want Freddie Mac to align its policy with Fannie Mae's when it comes to how delinquencies related to Hurricane Harvey affect credit risk transfer deals.
Fannie Mae revised its estimates for 2017 origination volume upward this month, noting that it expects economic strengths to offset weakness in the market from recent hurricanes.
Consumer confidence in the housing market is growing overall, but the gap between those that say it's a good time to buy versus selling a home is widening, according to Fannie Mae.
If Fannie Mae's clear-boarding requirements prove effective, New York may follow Ohio's lead and move forward with a bill requiring it to be used more broadly on zombie properties.
Over one-quarter of all mortgages in the areas affected by Hurricane Harvey are likely to become delinquent because of the storm, according to an analysis from Black Knight.
