As part of its plan, HUD will collaborate with VA and USDA on ways to integrate climate-related financial risk into mortgage underwriting standards and loan terms.
According to research conducted on behalf of the National Association of Realtors, 51% of non-homeowners with outstanding student loan debt said they have delayed buying a home because of that debt.
The Mortgage Bankers Association will welcome in-person attendees to its annual convention for the first time in two years next week. Registrations have surpassed MBA’s target of 3,200 attendees.
The CFPB ordered American Advisors Group to pay $1.1 million in fines and refund $173,000 to consumers who the bureau said were victims of deceptive advertising mailers. Some industry attorneys interpreted the move as a sign the bureau is tightening supervision and enforcement.