MBA, Trade Groups Submit Recommendations to FCC on Robocall Draft Order
The Mortgage Bankers Association and nearly a dozen industry trade groups sent a letter this month to the Federal Communications Commission offering recommendations to improve an FCC draft order addressing robocalls and “spoofing.”
Black Knight: Cash-Out Refinances Fall Despite Record-High Tappable Equity
Black Knight, Jacksonville, Fla., said homeowners’ tappable equity rose by 8% annually in the first quarter to a record-high $6.5 trillion.
GSEs Extend Multifamily Forbearance
The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will allow servicers to extend forbearance agreements for multifamily property owners with existing forbearance agreements.
Moody’s Sees ‘Drastic Drop’ in CMBS Supply-Demand Fundamentals
Moody’s Investors Service, New York, said the supply and demand outlook for most property types in the securitized commercial real estate market fell “drastically” in the first quarter.
CFPB Issues Proposed Rule on Reg Z Escrow Exemptions
The Consumer Financial Protection Bureau on Thursday issued a notice of proposed rulemaking that would amend Regulation Z to provide a new exemption available to certain insured depository institutions and insured credit unions from the requirement to establish escrow accounts for certain higher-priced mortgage loans.
