FHFA language disclosure rule stokes fears of legal blowback
FHFA language disclosure rule stokes fears of legal blowback
Sandra Thompson's latest move as acting FHFA chair? Having lenders disclose the language preference of their borrowers.
The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
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Sandra Thompson's latest move as acting FHFA chair? Having lenders disclose the language preference of their borrowers.
The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
Sandra Thompson's latest move as acting FHFA chair? Having lenders disclose the language preference of their borrowers.
The post FHFA language disclosure rule stokes fears of legal blowback appeared first on HousingWire.
Industry stakeholders took to a virtual forum Monday afternoon to share their thoughts on proposed tweaks to criteria for Fannie Mae and Freddie Mac sellers and servicers, as well as a 2021 proposal by Ginnie Mae for its issuers.
The post FHFA gets blowback on proposed liquidity requirements appeared first on HousingWire.
Industry stakeholders took to a virtual forum Monday afternoon to share their thoughts on proposed tweaks to criteria for Fannie Mae and Freddie Mac sellers and servicers, as well as a 2021 proposal by Ginnie Mae for its issuers.
The post FHFA gets blowback on proposed liquidity requirements appeared first on HousingWire.
The Supplemental Consumer Information Form is now available in the six most-spoken languages in the U.S. on the mortgage translations website, the Federal Housing Finance Agency announced.The FHFA ordered in May that all lenders selling loans to Fannie Mae or Freddie Mac will be required to submit this form with each mortgage application taken starting on March 1, 2023. Currently it is used on a voluntary basis to report a consumerโs language preferences, in an effort to measure access to tho...
The Supplemental Consumer Information Form is now available in the six most-spoken languages in the U.S. on the mortgage translations website, the Federal Housing Finance Agency announced.The FHFA ordered in May that all lenders selling loans to Fannie Mae or Freddie Mac will be required to submit this form with each mortgage application taken starting on March 1, 2023. Currently it is used on a voluntary basis to report a consumerโs language preferences, in an effort to measure access to tho...
The CFPB said Friday it would take a โfresh lookโ at a rule that decides what mortgages are protected from some litigation during foreclosures.
The post CFPB to review QM rule appeared first on HousingWire.
The CFPB said Friday it would take a โfresh lookโ at a rule that decides what mortgages are protected from some litigation during foreclosures.
The post CFPB to review QM rule appeared first on HousingWire.
The government-sponsored enterprises will start releasing information similar to what large banks already do, starting in the first quarter of 2023.
The government-sponsored enterprises will start releasing information similar to what large banks already do, starting in the first quarter of 2023.
A recent Federal Housing Finance Agency requirement is one step toward boosting resources for non-English speaking borrowers.
The post Opinion: FHFA language requirements may shake up compliance landscape appeared first on HousingWire.
A recent Federal Housing Finance Agency requirement is one step toward boosting resources for non-English speaking borrowers.
The post Opinion: FHFA language requirements may shake up compliance landscape appeared first on HousingWire.
The Federal Housing Finance Agency on Wednesday published a final rule that ties new public disclosure requirements for Fannie Mae and Freddie Mac in with a recently-modified enterprise regulatory capital framework.The ruleโs publication also makes a stressed-based capital buffer determination used in the regulatory framework part of a new capital planning process for the two government-sponsored enterprises. Additionally, it sets May 20, 2023 as the date Fannie and Freddie will begin submitt...
The Federal Housing Finance Agency on Wednesday published a final rule that ties new public disclosure requirements for Fannie Mae and Freddie Mac in with a recently-modified enterprise regulatory capital framework.The ruleโs publication also makes a stressed-based capital buffer determination used in the regulatory framework part of a new capital planning process for the two government-sponsored enterprises. Additionally, it sets May 20, 2023 as the date Fannie and Freddie will begin submitt...
The Federal Housing Finance Agency (FHFA) soon will review the enterprise regulatory capital framework, after complaints from industry players
The post After 50 bps fee backlash, FHFA will review capital rule appeared first on HousingWire.
The Federal Housing Finance Agency (FHFA) soon will review the enterprise regulatory capital framework, after complaints from industry players
The post After 50 bps fee backlash, FHFA will review capital rule appeared first on HousingWire.
Compounding returns are critical to building wealth. For example, if you invested $250 a month in a mutual fund earning the average historical stock market return (around 10.5%), youโd be a millionaire in under 36 years. But not all of us sit around all day playing with compound interest calculators. It helps to have a shorthand rule of thumb sometimes. Enter: the Rule of 72. ย Whatโs the Rule of 72 in Finance? To calculate how long it will take an investment to double, you can just divide ...
Compounding returns are critical to building wealth. For example, if you invested $250 a month in a mutual fund earning the average historical stock market return (around 10.5%), youโd be a millionaire in under 36 years. But not all of us sit around all day playing with compound interest calculators. It helps to have a shorthand rule of thumb sometimes. Enter: the Rule of 72. ย Whatโs the Rule of 72 in Finance? To calculate how long it will take an investment to double, you can just divide ...