As the industry shakes off the dust of a year like never seen before, the mortgage industry weathered the storm with flying colors, having enjoyed a record year ...
Read More »CFPB: Lenders Must Prepare to Assist Struggling Borrowers
The Consumer Financial Protection Bureau (CFPB) Thursday issued a warning to servicers to prepare for an onslaught of distressed homeowners come summertime, or as moratoria expire. This is the ...
Read More »FHFA Updates on Inclusionary Efforts
The FHFA is continuing to diversify their workforce. Here’s a breakdown of the changes and results from this focus in 2020.
Read More »Report: Government Continues to Play Key Role in Housing
A new report from the Housing Finance Policy Center finds that GSE actions helped keep more than 300,000 Americans in their home through various forbearance plans during the pandemic.
Read More »FHFA Reportedly Added 286 Minority Staffers in 2020
Minority representation in FHFA’s workforce is gaining a foothold, according to a report from FHFA.gov. The workforce swelled from 241 minority employees in 2016 to 286 last year—a ...
Read More »Three AMDC Members Join Advisory Board
Five Star Global’s American Mortgage Diversity Council, which promotes diversity and inclusion throughout the mortgage industry, welcomes three members to its board of consultants.
Read More »Angel Oak Commercial Strengthens Its West Coast Presence
Angel Oak Commercial Lending has bolstered its ranks with the additions of David Pike as Managing Director, and Bob Forsythe as Senior Managing Director. Pike joins Angel Oak ...
Read More »Spruce Unveils New Automated Underwriting Tool
Proptech provider Spruce has launched its new underwriting model, providing a fully underwritten title commitment in minutes. Spruce’s underwriting tool operates an automated title search and underwriting model ...
Read More »CFPB Issues Updated COVID-Related Guidance
The CFPB has canceled seven policy statements issued last year to protect consumers facing difficulties posed by the pandemic.
Read More »Changes Loom for a Post-Pandemic Housing Market
A new study examines five ways in which the housing landscape will shift as the nation returns to normalcy.
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