The Department of Housing and Urban Development announced it has launched a national public service announcement campaign that will educate the public, especially minorities, about their rights under the lending provisions of the federal Fair Housing Act. The centerpiece of the bilingual campaign is a television PSA featuring actor Dennis Haysbert, who is best known for his role as President Palmer in the television series "24." The campaign, which is being administered by Pacific News Service, also includes radio PSAs and newspaper ads. In addition, the campaign will include a series of fair lending forums designed to inform the general public about HUD resources and programs that can assist in eradicating unfair and discriminatory lending practices. "HUD studies confirm that African Americans and Hispanics trying to become homeowners are often given less information about loan terms, are quoted higher rates and fees, and are sometimes discouraged from applying for loans," said Kim Kendrick, assistant secretary for fair housing and equal opportunity. "Hopefully, this compelling campaign will empower existing and prospective minority homeowners to report these incidents so that they can receive help."
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A Treasury proposal would remove race and ethnicity from the criteria community development financial institutions can use to establish a targeted market population, a move that could affect institutions serving minority communities.
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A top official at the Office of Inspector General says significant budget cuts will force large layoffs and essentially eliminate enforcement activities.
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The fraud prevention firm has taken an approach to consolidation and a more connected experience similar to that of Rocket and the Real REMAX Group.
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Mutual of Omaha Mortgage originated a pool with mostly adjustable rate mortgages, which account for 66.25% of the pool's aggregate unpaid principal balance.
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Zillow now predicts mortgage rates to end 2026 over 7%.
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Larger public companies' high-profile servicing acquisitions tend to get the spotlight, but the two top leaders in the Ginnie MSR market are quieter players currently run as private companies.
September 30










