CFPB Issues RFI on Detecting Discrimination in Mortgage Lending
The Consumer Financial Protection Bureau on Nov. 16 issued a Request for Information seeking input on rules implementing the Home Mortgage Disclosure Act.
To the Point with Bob: Servicers are Helping Borrowers Through the Pandemic
Policymakers have gone to great lengths to provide servicers and borrowers the tools they need to bring about a successful resolution in the vast majority of cases. I hope that policymakers will continue to allow servicers to do what they do best – help their customers.
Q3 Fraud Risk Index Falls by 4.6%
CoreLogic, Irvine, Calif., said its National Mortgage Application Fraud Risk Index decreased by 4.6% in the third quarter, from 132 in the second quarter and from 126 a year ago.
FHFA Releases 2022 Scorecard for GSEs, CSS
The Federal Housing Finance Agency on Wednesday released its 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC.
3Q Home Auction Prices Up 15%; 3 in 5 Consumers Would Consider Buying Home at Auction
Strong demand for distressed properties lifted the average sale price at foreclosure auction to an eight-year high and generated surplus funds above total debt owed for nearly half of homes sold at foreclosure auction in the third quarter, said Auction.com, Irvine, Calif.
Keeping Current With Midland Loan Services’ David Harrison
MBA Newslink interviewed Midland Loan Services’ Chief Operating Officer, David Harrison who leads the industry’s largest third-party servicing operation
