Freddie Mac has a duty to serve the American homebuyer, and with a series of action plans that’s just what the GSE plans to do. Editor's Note: This print feature first appeared in the August issue of MReport, available now.
Read More »Appraisal Institute CEO Announces Resignation
After 10 years of service, the Appraisal Institute recently accepted the resignation of CEO Frederick H. Grubbe, MBA, CAE, through their Board of Directors.
Read More »The Final Rule
The Consumer Financial Protection Bureau released the final ruling for TILA annual threshold adjustments Wednesday revising the dollar amounts for regulations that fall under Regulation Z. Take a look at what’s changed.
Read More »GSEs Slam Brakes on Foreclosures
The Government Sponsored Enterprises are joining the fray to help those affected by Hurricane Harvey.
Read More »AMDC Announces New Leadership
The American Mortgage Diversity Council recently announced co-chair Kathy Cummings to their leadership to continue AMDC’s mission of creating a diverse and inclusive mortgage industry.
Read More »Update: Hurricane Harvey and Flood Insurance
Hurricane Harvey has been hovering over southeast Texas, dropping record amounts of rain on Houston and the surrounding area. A new report shows that there are a number of properties in risk of flooding that are outside the Special Flood Hazard Areas, meaning flood insurance isn’t a requirement for those with federally insured mortgages.
Read More »The GSE Credit Scoring Debate: To Be Continued
Currently, the GSEs use the FICO credit score model, which critics say is outdated and less granular than more recent models, however, FICO begs to differ.
Read More »Attention All HELOC Issuers: Please Report to CFPB
The CFPB announced Thursday that the Home Mortgage Disclosure Act (HMDA), enacted in 1975, has been temporarily changed for banks and credit unions that offer Home Equity Lines of Credit. Take a look at some of the changes that were made in the final ruling.
Read More »Then, Now, and Later
According to Fed Chair Janet Yellen, today's financial system is a safer one thanks, in large part, to the Great Recession—as well as the reforms that followed it. Read on to see Yellen's full remarks.
Read More »Seniors Overreaching
In a recent brief the Consumer Financial Protection Bureau (CFPB) examined the financial tradeoffs of entering into a reverse mortgage at the age of 62.
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