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The agency flagged faulty risk management and other issues at the Federal Home Loan Bank of Des Moines and Federal Home Loan Bank of San Francisco in exams conducted last year.
June 15
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The number of loans going into coronavirus-related forbearance ground down to a growth rate of 2 basis points between June 1 and June 7, according to the Mortgage Bankers Association.
June 15
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Though outlawed by the Fair Housing Act in 1968, the racist housing practice perpetuated a wealth gap for Black people still widening today.
June 12
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The company could be seeking a cash infusion to handle market difficulties ahead, but representatives are keeping mum on the matter.
June 12
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The coronavirus pandemic brought more attention to the affordable housing issue and illuminated already vulnerable, low-income populations.
June 12
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Borrowers gained over $6 trillion in home equity since the Great Recession ended and the relative health of the housing market should stave off a coronavirus-induced collapse, according to CoreLogic.
June 11
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The measures extended by the Federal Housing Finance Agency include alternative methods used for certain appraisals and for verification of employment.
June 11
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The expected rise in refinance volume overrides pessimism about purchase activity for their businesses.
June 11
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Mortgage rates increased slightly for the second consecutive week, buoyed early on by positive economic news such as the jobs report that came out last Friday, according to Freddie Mac.
June 11
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Lenders are cautioning not only that second-quarter provisions might exceed the spike seen earlier this year, but also that credit costs could be elevated into 2021 if the economic slowdown drags on or fears of a second coronavirus wave are borne out.
June 11
