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Independent mortgage banks started 2020 strong after three quarters of high profits, according to the Mortgage Bankers Association.
June 4
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The policy comes more than a month after a different agency issued similar guidance for loans backed by Fannie Mae and Freddie Mac.
June 4
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The Consumer Financial Protection Bureau seeks to address challenged posed by the sunset of the London interbank offered rate at the end of 2021.
June 4
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Mortgage rates increased slightly this week as indicators point to an economic revival, including increased home sales activity, according to Freddie Mac.
June 4
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Nine years of annual home price gains are expected to come to an end by next April, according to CoreLogic, although prices in Southern California are projected to continue rising.
June 4
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Self-service portals fielded at least half of coronavirus-related forbearance-plan requests and made it possible to handle an influx at a challenging time, but the GSEs recommend circling back to borrowers.
June 3
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The new FHFA rule sets a percentage-based threshold to measure compliance, rather than Home Mortgage Disclosure Act data.
June 3
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Millennial refinance activity hit a new high-water mark behind historically low mortgage rates, up 40 percentage points from the year before, according to Ellie Mae.
June 3
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The FHFA looks to shed light on the amount of funds Fannie and Freddie will need to hold for their risk-sharing deals.
June 3
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Purchase mortgage application volume continued its upswing as consumers acted on record low rates, but high unemployment and low inventory could hold home buying activity back in the future, the Mortgage Bankers Association said.
June 3
