CFPB Releases Final Rule on Small Business Loan Reporting
The Consumer Financial Protection Bureau on Thursday issued a final rule that would require some lenders to collect and report information about small business credit applications they receive, including geographic/demographic data, lending decisions and the price of credit.
Final Estimate of 4Q GDP Sees 2.6% Growth
Real gross domestic product increased at an annual rate of 2.6 percent in the fourth quarter, according to the third (final) estimate Thursday by the Bureau of Economic Analysis.
JLL: Brief Construction Contraction Possible
The construction industry remains exceptionally busy but cautious about a potential economic downturn, JLL said in its Construction Outlook.
MISMO Seeks Comment on Servicing Transfer Catalog
MISMO®, the real estate finance industry standards organization, seeks public comment on its new MISMO Servicing Transfer Catalog.
National Council of State Housing Finance Agencies Announces Affordable Homeownership Lender Toolkit
The National Council of State Housing Finance Agencies, with support from the Mortgage Bankers Association and other industry trade groups, announced availability of the HFA1 Affordable Homeownership Lender Toolkit, a new online resource that will enable home mortgage lenders to partner more efficiently with state housing finance agencies in providing mortgage loans and down payment assistance to lower-income home buyers.
Town Hall with MBA Leadership Apr. 3
Please join the Mortgage Bankers Association for the next Town Hall with MBA Leadership this Monday, April 3, from 3:00-4:00 p.m. ET.