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The move aims to end a conflict between service-related disability benefits and rental assistance. HUD and the Treasury also are looking at tax credit impacts.
August 8 -
The 30-year fixed rate loan was down 26 basis points as investors reacted early in the week to the employment numbers, according to Freddie Mac.
August 8 -
A study shows a need for brokerages to transform their operations, finding that 79% of them will become unprofitable when the National Association of Realtors' settlement reduces commission rates.
August 8 -
The Federal Housing Finance Agency wants to update the dual mission of the Federal Home Loan Banks. Members of the private bank cooperative say their regulator has no authority to redefine the mission.
August 8 -
Additions to product menus for cash-out refinancings, adjustable-rate loans and jumbos drive the increase in availability, the Mortgage Bankers Association said.
August 8 -
The Treasury, CFPB and Federal Trade Commission are joining forces to warn consumers about predatory practices in financing solar energy panels.
August 7 -
Mr. Cooper's PII leak late last year had a significant impact on its customers. Money has been stolen, unauthorized attempts to open credit cards occurred and extensive spam campaigns have followed, a filing claims.
August 7 -
Vice President Kamala Harris recruited Minnesota's governor to join the Democratic presidential ticket. He's been a longtime advocate for affordable housing and rental protections.
August 7 -
Appraisal appeal rules announced by Fannie Mae, Freddie Mac and FHA set to go into effect in three weeks, will now be required starting on Oct. 31.
August 7 -
The reverse mortgage lender is closer to profitability and plans to maintain its New York Stock Exchange listing status, executives said in an earnings call.
August 7 -
One California insurer received an approved rate change for 56.4%, an increase affecting over 17,000 borrowers.
August 7 -
Rule changes would come after a fraud investigation uncovered falsified numbers at a leading finance firm, according to the Wall Street Journal.
August 7 -
Falling rates provided a boost for the refinance market, with activity hitting a two-year peak, according to the Mortgage Bankers Association.
August 7 -
Borrowers are reacting to more media coverage of wider windstorm activity and events like a Tri-State earthquake, experts said.
August 7 -
The lender says it's reached an "agreement in principle" to end a consumer class action complaint over its wide-ranging January hack.
August 6 -
Gary Quinzel, vice president of portfolio consulting at Wealth Enhancement Group, gives his views about monetary policy and offers his opinion on the FOMC statement and Fed Chair Jerome Powell's press conference.
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Crisis-era issues highlight why certain measures like equity and insurance innovations may be good for servicers to have on hand, a new report suggests.
August 6 -
The parent of United Wholesale Mortgage came in two cents lower on operating earnings, which does not take into account a drop in mortgage servicing rights valuation.
August 6 -
President Joe Biden's administration and Senate Democrats are ramping up pressure on the Federal Home Loan Bank system to pump more money into solving the nation's housing crisis.
August 6 -
High borrowing costs led to fewer mortgage originations in the second quarter, according to the Federal Reserve Bank of New York's Quarterly Report on Household Debt and Credit released Tuesday.
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