The settlement applies both civil penalties and "injunctive relief to prevent future violations.” Click through to read all the details.
Read More »Investors Call on FHFA to Address CARES Act Impact
While investors say they shouldn’t have to absorb losses caused by the CARES Act, one finance expert says that's all part of the deal.
Read More »HUD: Affirmatively Furthering Fair Housing Regulation to be Terminated
The Department of Housing and Urban Development called the ruling “complicated, costly, and ineffective.”
Read More »Waters: Senate ‘Has Done Nothing’ to Advance HEROES Act
Despite the bill containing nearly $2 billion in aid to homeowners and renters, a ranking member of the House Committee on Financial Services said the American people are tired of “gamesmanship” and want actions.
Read More »A Call for a More ‘Equitable’ Housing System
A new report highlights disparities in the U.S. housing system and calls for change.
Read More »Federal Government Could Receive $53M From Mortgage Penalty
A new research paper says more than 255,000 borrowers could be impacted.
Read More »Housing Goals Proposed for the GSEs
The benchmarks released by the Federal Housing Finance Agency for 2021 are unchanged from prior years due to COVID-19.
Read More »Access to Credit Key for HUD, OCC
The Department’s Secretary, Dr. Benjamin Carson, said opportunity zones offer the “revival of economic activity.”
Read More »Housing Experts Tout Solution for Ginnie Mae Issuers at Risk
With the potential for another “liquidity panic,” experts say government loans are the most vulnerable, and the federal government should act now.
Read More »Federal Reserve Increases Purchase of MBS
A new report states the Fed's balance sheet has grown to more than %7 trillion in June. Click through to read how this could impact the mortgage market.
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