Fannie Mae and Freddie Mac have sold 154,972 nonperforming loans as of Dec. 31, 2022, having a total unpaid balance of $28.7 billion, according to the Non-Performing Loan Sales Report released today...
Read moreFannie Mae and Freddie Mac will require servicers to obtain and keep borrowers’ fair lending data on their loans, and for the data to transfer with servicing throughout the mortgage term, according...
Read moreConstruction lenders are in a modernization crossroads. They are able to stick to their current systems and methodologies, like the widespread use of Excel and communicating via email, or they can digitize...
Read moreHomeowners want to feel supported by their mortgage servicers, particularly having a possible recession looming, based on the outcomes of a recent J.D. Power study charting mortgage servicer satisfaction. Overall client satisfaction...
Read moreThe Consumer Financial Protection Bureau today unveiled a new online tool that gives users the ability to view Mortgage Disclosure Act home loan data and follow mortgage market trends during the collection...
Read moreBy Leslie Callaway, CRCM, CAFP; Mark Kruhm, CRCM, CAFP; and Rhonda Castaneda, CRCM Q: My bank made a home loan subject to reporting under the Mortgage Disclosure Act. Regulation C (12 CFR...
Read moreThe Federal Housing Finance Agency today released its strategic arrange for 2022-2026. The agency's strategic goals include securing the regulated entities' safety and soundness, fostering housing finance markets that promote equitable access...
Read moreThe Federal Housing Finance Agency yesterday outlined how Fannie Mae and Freddie Mac works to enhance the distribution and availability of secure residential mortgage financing in underserved markets between 2022 and 2024....
Read moreThe Federal Housing Administration today added a 40-year mortgage modification option to assist borrowers who're behind on their own mortgage repayments for FHA Title II forward mortgages. The new option is made...
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