Regulation and Compliance
Seeking public comment on a rule that would set a methodology for regularly adjusting the limits.
Says industry-first capability will help lenders qualify more first-time and underserved borrowers.
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.
The lawsuit claims the CFPB is exceeding its statutory authority outlined in the Dodd-Frank Act.
September meeting minutes show renewed resolve to continue tightening monetary policy.
Agency seeks industry input as a starting point to encourage greater origination of small-balance mortgages for FHA insurance.
Long gone are the days of 300-page files and mail requests
Appraisers also need to mitigate appraisal bias
Decade-long scheme was used to finance a lavish lifestyle.
Financial services veteran brings more than 30 years experience and a strong commitment to affordable housing.