JPMorgan Chase has pledged $12 million over the next three years to help five nonprofits test how to increase homebuying and wealth building among Black, Hispanic and Latino households.
The Structured Finance Association is seeking input from its members as it works to develop consistent disclosure frameworks for MBS and ABS that highlight their environmental, social and governance features.
Government agencies and trade associations are warning the residential-finance industry to guard against the elevated risk of cyberthreats from Russian actors in the wake of that nation’s invasion of Ukraine.
Demand for reverse mortgages has grown in recent years, with more expansion expected in 2022 for both FHA home-equity conversion mortgages and proprietary reverse loans.