While saying the Consumer Financial Protection Bureau should prioritize narrow targeted reforms to the TILA/RESPA Integrated Disclosures, the Mortgage Bankers Association is also seeking the elimination of the three-day right of rescission on a refinance. Processing Content The response was just one of 339 made for the July CFPB Request for Information on possible revisions […]

US sales of existing homes fell to a three-month low in July as elevated prices and mortgage rates continued to weigh on the housing market.  Processing Content Contract closings decreased 1.7% in July to an annualized rate of 4.06 million, according to National Association of Realtors figures released Tuesday. That was in line with the