Fannie Mae and Freddie Mac could change how they approach affordable housing goals next year if their oversight agency’s new affordable-housing goal proposal moves forward. Some of the proposed benchmarks the Federal Housing Finance Agency published Thursday aren’t as high as those from a year ago and shift away from competitive efforts to serve low-income […]
FHFA floats new housing goals amid broader proposal review Read More »
An appellate court has ruled against Flagstar Bank in a California case which had been mentioned in connection with a New York escrow interest case heard by the U.S. Supreme Court. The ruling in Kivett v. Flagstar was the second against a bank in recent weeks. A Sept. 22 First Circuit ruling sent a similar
Flagstar mortgage escrow ruling upheld by Ninth Circuit Read More »
The mortgage industry’s top trade group issued two new enhancements to help establish consistency across the loan boarding process as well as in communications surrounding artificial intelligence. The Mortgage Industry Standards Maintenance Organization released its new loan boarding dataset, which provides a consistent data baseline to ease the path for newly originated mortgage loans to
MISMO releases loan data guide and AI glossary Read More »