HUD Responds to Fair Housing Act Criticisms
While several banks and agencies have been critical of the Department’s interpretation of the disparate impact standard, Secretary Dr. Benjamin Carson said certain banks should rejoin the FHA’s housing program. [...]
Hyland Releases PII Compliance Solution
The intelligent automated redaction solution is designed to save time, preserve accuracy, and ensure compliance. The post Hyland Releases PII Compliance Solution appeared first on DSNews. Source: DS News
Mortgage Connect Taps Gabe Minton as CIO
The expert systems architect and founding MISMO member will head technology at the mortgage service provider. The post Mortgage Connect Taps Gabe Minton as CIO appeared first on DSNews. Source: [...]
CFPB Accuses Mortgage Brokerage of Discriminatory Lending Practices
CFPB charged Townstone Financial Inc. with violating the Equal Credit Opportunity Act. Click through to read more. The post CFPB Accuses Mortgage Brokerage of Discriminatory Lending Practices appeared first on [...]
Community Development Found to be Largest Value of CRA
Maxine Waters, Chairwoman of the House Committee on Financial Services, said previously the rule would give funding to institutions that were active in Opportunity Zones without ensuring they benefited the [...]
GSEs Completed 16,000 Foreclosure Prevention Actions in April
The FHFA announced that the 30-59 day and serious delinquency rate saw increases. The post GSEs Completed 16,000 Foreclosure Prevention Actions in April appeared first on DSNews. Source: DS News
Ginne Mae Issues $61B in MBS in June
This was the third consecutive month that it has issued more than $60 billion in mortgage backed securities. However, Ginnie Mae’s outstanding balance also reported an increase. The post Ginne [...]
Mark Calabria Applauds Decision to Review Secondary Mortgage Market
The Director of the Federal Housing Finance Agency said Fannie Mae and Freddie Mac must be well-capitalized to support the market during a stressed environment. The post Mark Calabria Applauds [...]
Mortgage Delinquencies Hit Four-year High
More properties became newly delinquent in April than in any single month during the Great Recession The post Mortgage Delinquencies Hit Four-year High appeared first on DSNews. Source: DS News