
Joint Trades Press Statement on FHFA Announcement on Credit Scores
The Mortgage Bankers Association, American Bankers Association, Housing Policy Council, and Structured Finance Association released the following joint statement on the Federal Housing Finance Agency's (FHFA) recent announcement on credit scores:

MCT: Rate/Term Refis Surge Nearly 10%; Purchase Activity Steadies
Mortgage activity grew modestly across all categories in July, according to Mortgage Capital Trading, San Diego.

Advocacy Update: Policy Wins in Final Tax and Reconciliation Package; FHFA News on VantageScore Adoption; HUD and OMB End PAVE Task Force; more
This week’s top legislative and policy news from the Mortgage Bankers Association.