The Federal Housing Administration (FHA) has launched a new automated underwriting system (AUS) for single family forward mortgages. The “FHA Catalyst: Single Family Origination Module –AUS” enables lenders ...
Read More »The American Dream in Microcosm
Editor’s note: this piece originally appeared in the October edition of MReport. As a child, one of my favorite places to visit was my great grandmother’s house in ...
Read More »HUD Grants to Aid Families With Housing Counseling
HUD’s award of more than $12.5 million in grant funds will help support quality housing counseling services for families working to recover from the pandemic.
Read More »Tracking Shifts in Mortgage Rates & Application Volumes
Mortgage rates have been consistently low recently, but according to MBA's weekly survey, that may be starting to change. Overall, rates are now the highest they have been ...
Read More »CFPB Seeks Feedback on Financial Records Rule
The proposed rule would govern the way consumers can access their own financial information collected by a third party.
Read More »Keeping Title Secure in a Digital World
Editor's note: this piece originally appeared in the October edition of MReport. In the ongoing effort to keep clients and co-workers safe, mortgage and lending companies are adapting their ...
Read More »Existing-Home Sales ‘Soar’
Homebuyers' biggest challenges remain "finding a suitable home amid very tight inventory, and qualifying for a mortgage within a framework of tightening credit availability," economists said.
Read More »Competition Heats Up for Entry-Level Homebuyers
Entry-level homes are selling fast as demand runs high and buyers face more bidding wars.
Read More »FHFA Extends Policy on Purchasing Mortgages in Forbearance
The Federal Housing Finance Agency (FHFA) has announced a one-month extension of its temporary policy of allowing the purchase of certain single-family mortgages in forbearance that meet specific ...
Read More »How Lenders and Consumers Are Going Digital
Liz Pagel, TransUnion’s SVP of Consumer Lending, answers questions about the pandemic's impact on consumer needs and how lenders are adapting to the new digital reality.
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