The Federal Housing Finance Agency is not making changes to its proposed repeal of the Biden Administration’s Fair Lending, Fair Housing and Equitable Housing Finance Plans regulation it first published for comment in July. Processing Content The rule is also identified as part 1293 and the current version was put into place in April 2024. […]
FHFA goes ahead with repeal of Biden fair lending rule Read More »
Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various employment metrics. Next Wednesday’s jobs report is the biggest ticket by far, but other reports can move the needle at times–especially when they fall far from forecasts or previous readings.
Mortgage Rates Fall After Downbeat Employment Data Read More »
Key insight: The three credit bureaus — Equifax, Experian and TransUnion — say the complaint portal is being abused by third-party credit repair firms and AI bots. What’s at stake: Credit repair firms are using the CFPB’s complaint portal to try to remove accurate but negative information from credit reports. Supporting data: Credit reporting complaints hit
CFPB implements new requirements for complaints on its portal Read More »