Short Takes: FHFA Publishes Historical VantageScore Data / ‘Sweet Spot’ for Homebuyers / Low DSCR Offering From A&D / MFA Offers RPL MBS July 12, 2024 Brandon Ivey The historical VantageScore data are available to approved users to help with the GSEs' planned acceptance of the credit score.Read More
The Appraisal Foundation Reaches Settlement With HUD July 11, 2024 Brandon Ivey The Appraisal Foundation’s Appraiser Qualification Board sets appraiser qualification criteria and there were concerns that the criteria prompted a disparate racial impact on entry into the appraiser profession.Read More
Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows July 11, 2024 Brandon Ivey The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.Read More
Federal Regulators Moving Toward Re-Proposal on Bank Capital July 10, 2024 Brandon Ivey The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.Read More
Fitch Sees Warning Signs in FoA’s Debt Move July 10, 2024 Brandon Ivey The downgrade was tied to a debt exchange offer the reverse-mortgage lender announced in late June.Read More
FHA Expands 203(k) Rehabilitation Program July 10, 2024 Brandon Ivey The 203(k) program provides financing for rehabilitation of single-family homes.Read More
Short Takes: Refi Applications Fade / Lenders Concerned About Talent Management / Tandem DPA Offering / Lending in Guam July 10, 2024 Brandon Ivey Applications for refinances declined for the fourth consecutive week.Read More
Purchase Mortgages Boost Ginnie Issuance in 2Q July 9, 2024 Monica Hogan Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.Read More
CHLA Presses CFPB to Tackle Abusive Trigger Leads July 9, 2024 Shannon Clark CHLA provided three key priorities for the CFPB to focus on regarding trigger leads.Read More
Short Takes: FHLBank of Chicago Accepts VantageScore / The Reason for Rate’s Rebrand / New Scratch-and-Dent MBS July 9, 2024 Brandon Ivey Members of the FHLBank of Chicago can pledge collateral to the bank with VantageScore credit scores rather than the traditional FICO score.Read More
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