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Despite fears that increased compliance costs from new Consumer Financial Protection Bureau rules could drive community lenders out of the mortgage business, a watchdog report found that smaller companies remain active.
July 25 -
Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.
July 25Community Bank Consulting Services -
First South Bank has purchased a mortgage servicing rights portfolio of 452 Freddie Mac and Fannie Mae loans.
July 25 -
The official platform of the Republican Party has softened language calling for the end of Fannie Mae and Freddie Mac, while continuing to demand reform of the government-sponsored enterprises.
July 21 -
Home prices rose 5.6% in May from a year earlier as buyers competed for a scarcity of listings, the Federal Housing Finance Agency said in a report.
July 21 -
A federal appeals court has reversed a lower court decision that dismissed a lawsuit against Freddie Mac brought by a state pension fund.
July 21 -
Mortgage rates ticked up slightly across the board as the bond market settled from its post-Brexit volatility, but they remained near their historic lows, according to Freddie Mac.
July 21 -
HUD reverses course and decides to investigate findings by the Inspector General that some DPA programs don't comply with FHA rules.
July 21 -
Mergers and acquisitions are important, but simply buying out the competition is no longer the road to success.
July 20 -
Fannie Mae has priced its Connecticut Avenue Securities, the series 2016-C04, at tighter spreads to its previous deal, completed in April.
July 20