Category: Top National News

TechCrunch, Jan. 5, 2022–Zack WhittakerThe settlement, announced late December, orders the Texas-based firm Ascension to strengthen its security practices and ensure that its vendors also maintain proper data security safeguards. …

HousingWire, Jan. 5, 2022–Georgia KromreiThe attorneys general wrote in a Dec. 21 letter that a number of mortgage servicers employed by FHA-approved lenders failed to adequately implement loan modification options …

KCRA, Jan. 5, 2022California state leaders plan to open applications for mortgage relief payments to some of those struggling during the pandemic. The plan aims to pay off homeowners’ past …

Wall Street Journal, Jan. 4, 2022–Nick Timiraos (subscription)Federal Reserve officials are beginning to map out how and when they could shrink their $8.76 trillion portfolio of Treasury and mortgage securities, …

Wall Street Journal, Jan. 3, 2022–Jark Maurer (subscription)The Financial Accounting Standards Board plans to propose new rules on how companies disclose expenses and make key changes to its long-term agenda …

National Mortgage Professional, Jan. 3, 2022–Katie JensenThe newest LendingTree survey found that more than a third of consumers (36%) incurred holiday debt this season, averaging $1,249.https://nationalmortgageprofessional.com/news/36-americans-incur-holiday-debt-season

Wealth Management Real Estate, Dec. 22, 2021–Beth Mattson-TeigWill investors be able to buy and sell direct real estate from their stock trading account, much like they buy shares in companies …

Reuters, Dec. 22, 2021–Kanishka SinghPresident Joe Biden said on Wednesday that his administration was extending the pause on student loan repayment for an additional 90 days, citing impacts of the …

Wall Street Journal, Dec. 21, 2021–Konrad Putzier (subscription)In a bid to raise funding for their roughly $2 trillion social-spending bill, Democrats are targeting foreign real estate investors.https://www.wsj.com/articles/bidens-build-back-better-bill-targets-foreign-real-estate-investors-tax-moves-11640091603?

Inside Mortgage Finance, Dec. 21, 2021–Paul MuoloWith the books almost closed on 2021, several advisory firms are already lining up new auctions of bulk mortgage servicing rights for the early …