Freddie Mac PMMS: Mortgage rates down for second week running

National Mortgage Professional

Nov 12, 2008

OTS issues bulletin on the prevention of discriminatory lendingMortgagePress.comOffice of Thrift Supervision, Thrift Bulletin 25a, HMDA The Office of Thrift Supervision has issued Thrift Bulletin (TB) 25a, which addresses the prevention of discriminatory lending practices. TB 25a reminds thrift institutions to assess, at least annually, policies, procedures, lending activity and data (including written underwriting standards and practices implementing them) directed towards preventing discriminatory lending practices. The bulletin further advises that thrift institutions should use "internal analysis" to identify issues that might arise in the analysis of Home Mortgage Disclosure Act (HMDA) data. Institutions should be prepared to provide pricing and decisioning methodologies to address HMDA reporting issues. TB 25a rescinds TB 25. For a copy of TB 25a, click here.

Link copied

Published

Nov 12, 2008

People On The Move

Cenlar Hires Two, Makes Internal Promotion

All three will be directors of enterprise portfolio management.

Cenlar FSB, a national mortgage loan subservicer, announced that Kelly O’Donnell and Karen Sim have joined Cenlar and Darrin Borell has been promoted. The trio will be directors of enterprise portfolio management and will be responsible for driving and implementing strategic...

Analysis and Data

Redfin Predicts 2024 Will Be The Year Homebuyers Catch A Break

Home prices will fall, new listings rise, and mortgage rates will stay above 6%.

Signs point to a shift toward a buyer’s market in 2024 as pandemic-driven inflation takes its last gasps, mortgage rates come down and more people list their homes for sale. That’s according to annual end-of-year predictions from Redfin, the technology-powered real estate br...