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A Credit Shuffle Among Mortgage Lenders

Fewer mortgage lenders are reporting that they are loosening credit standards, and many do not expect credit to become more accessible over the next few months, according to data from Fannie Mae.

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CFPB Offers Lenders a Helping Hand

Since the initial implementation of these rules, the CFPB has made several moves to expand the definitions of “small creditor” and “rural area,” but before the HELP Act, smaller lenders were only eligible for special provisions if more than half its loans were in rural or underserved areas.

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Braced for Impact

The industry was primed and ready for the Fed’s rate hike, but how has it fared since the increase went into effect? Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.

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