Mortgage applications fell by 1.3 percent from one week earlier as key mortgage rates jumped to their highest rate since last July, the Mortgage Bankers Association reported this morning in its Weekly Mortgage Applications Survey for the week ending March 5.
The first letter offers recommendations on how FHFA can improve its framework for codifying new liquidity requirements for Fannie Mae and Freddie Mac. The second letter addresses an FHFA proposal to require Fannie and Freddie to develop and maintain “living wills” in the event one or both of them becomes insolvent.
Despite promising data showing substantial gains in home equity, Black Americans still lag well behind other demographic cohorts, according to a new report from Redfin, Seattle.
The Consumer Financial Protection Bureau yesterday issued an interpretive rule clarifying that prohibition against sex discrimination under the Equal Credit Opportunity Act and Regulation B includes sexual orientation discrimination and gender identity discrimination.