A new report found that many lower-income homeowners who make repairs rely on government assistance repair programs for emergency, structural, plumbing, electrical, mechanical, and replacement needs.
Read More »CFPB and DOJ Reach Agreement With Trident Mortgage Over ECOA Violations
Settlement with mortgage lender for $22 million-plus marks the first redlining settlement that the CFPB and DOJ has reached with a non-bank entity.
Read More »HUD Makes New Effort Pushing Energy-Savings Upgrades
As energy prices climb, much like everything else recently, the Biden Administration announced through the Department of Housing and Urban Development (HUD) that new measures are being put in place to help families served by HUD go green and install solar ...
Read More »Fed Increases Interest Rate by 75 Basis Points
On March 14-15, 2020, the Federal Reserve’s Federal Open Market Committee (FOMC) held an emergency meeting in light of the then-blossoming pandemic to cut rates by a 100 basis points to a rate of 0-0.25%. But now, in light of ...
Read More »Freddie Mac Taps Former Santander Exec to Lead Compliance Efforts
GSE adds 20-plus year compliance veteran Dennis Hermonstyne Jr. to oversee risk management for the company’s legal, regulatory, and conservatorship obligations.
Read More »Fannie Mae Closes Two More CIRT Transactions
With the GSE closing on these latest deals, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through its CIRT program to date.
Read More »Rep. Hill Calls for Increased GSE Oversight From FHFA
The ranking Member of the Housing, Community Development, and Insurance Subcommittee on the House Financial Services Committee, as well as nine other Republican committee members, drafted a letter urging further oversight of Fannie Mae and Freddie Mac activities.
Read More »Addressing Housing Instability Via Vouchers and GSE Reform
Industry experts took to Capitol Hill to discuss the state of the housing market and share their insights about how to create equitable housing opportunities for all, nationwide.
Read More »Katie Jones Tapped to Lead HR at Fannie Mae
Experienced human resources executive joins GSE to attract, retain, engage, and develop talent.
Read More »FHFA Office to Focus on Fintech
By founding the Office of Financial Technology, the Agency will address emerging risks related to the adoption and deployment of financial technology in housing finance.
Read More »
DSNews The homepage of the servicing industry
