In his first year as Director of the CFPB, Rohit Chopra has taken an aggressive approach to consumer protection through market monitoring inquiries, interpretive rules, circulars, advisory notices, and enforcement actions.
Category: News and Trends
Murali Tirupati of Vaultedge: Braving the Inflation Headwind: a Lender’s Guide for Survival
Kindled by rising interest rates, the U.S. mortgage market is eventually reaching a vital juncture, leaving lenders to make a string of complicated decisions about the future of their organization.
Sponsored Content from WFG: Are You Capitalizing on the Home Equity Lending Storm?
Let WFG Lender Services arm you with the tools to capture your share of the rapidly growing home equity market.
FICO: Understanding the Risks of Multiple Credit Scores in Mortgage Lending
As the Federal Housing Finance Agency considers whether to update the credit scoring models used by Fannie Mae and Freddie Mac, a new paper from Dr. Clifford Rossi explores the risks of introducing multiple credit scores to the mortgage lending system.
Dan Ortiz of Enact: The Impacts of Climate Change on the Mortgage Industry
Climate change may seem like a distant topic to many, but it has the potential to affect various industries in many different ways. The mortgage industry, in particular, faces unique risks due to climate change and its impacts.
September Housing Starts Down 8%
September housing starts took back the temporary momentum it gained in August, falling by more than 8 percent, HUD and the Census Bureau reported Wednesday.
Colliers: Interest Rate Volatility Could Hit Industrial Sector
Industrial sector cap rates have compressed to record lows in recent quarters, but Colliers International, Toronto, reported interest rate volatility has caused some investors to pause new projects and could increase cap rates.
Dealmaker: Harbor Group International Acquires Phoenix Multifamily Property
Harbor Group International, Norfolk, Va., acquired Colter Park Apartments in Phoenix for $80.75 million.
Housing Market Roundup Oct. 20, 2022
Here’s a summary of housing market reports that came across the MBA NewsLink desk this week:
Industry Briefs Oct. 20, 2022: Equifax Delivers Telecomm, Utility Data in Mortgage Credit Reports
Equifax, Atlanta, said it will provide telecommunications (telco), pay TV and utilities attributes to the mortgage industry to help streamline the mortgage underwriting process and support loans within the secondary mortgage market.