Fannie Mae Securities to Feature New Social Disclosures
"We're excited to release the new social disclosures after receiving positive feedback on the proposal over the last several months," said Devang Doshi, SVP of Single-Family Capital Markets at Fannie [...]
CFPB Calls Out Servicers for Violations of the Fair Credit Reporting Act
In the Bureau’s Fall 2022 report, some mortgage servicers were cited for violations of federal law by charging sizable phone payment fees and for charging consumers fees while they were [...]
Rent Growth Slows; Still Up 8% YoY
October marked the second month of single-digit rent growth following a year of double-digit gains, and the fifth month in which annual rent growth decelerated. Source: DS News
Rep. Waters Addresses HUD’s Housing Assistance Payments
Rep. Maxine Waters, Chair of the Financial Services Committee, said HUD's draft solicitation could have a “negative impact” on the nation’s supply of affordable housing options. Source: DS News
The Rising Cost of Mortgage Fraud
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs. Source: DS News
HUD Accuses Oklahoma Housing Provider of Racial Discrimination
HUD has found an Oklahoma property management company in violation of the Fair Housing Act by failing to satisfactorily respond to cases of racial harassment. Source: DS News
Examining the Balance Between Foreclosure and Employment
A new blog from First American questions whether or not the impact of an impending recession on the labor market will cause a "trickle" or "tsunami" in foreclosures. Source: DS [...]
Report Highlights the FHA’s Role in Affordable Financing
In its annual report, the FHA highlighted its role in supporting affordable home financing for first-time buyers and borrowers of color, as well as the assistance provided to struggling homeowners. [...]
SFR Market Remains at More Than Twice Pre-Pandemic Growth Rate
CoreLogic reports that the single-family rental market, while cooling for the fifth consecutive month, remains at more than twice the growth rate prior to the pandemic outbreak. Source: DS News