fromwww.housingwire.com2 weeks agoFederal regulators scrap 2023 Community Reinvestment Act ruleThe 2023 final rule aimed to modernize enforcement of the 1977 anti-redlining law, requiring U.S. banks to support community development and lend to low-income borrowers.US politics
Real estatefromwww.housingwire.com2 months agoHome equity lending is being viewed more favorablyHomeowners show growing acceptance of home equity lending, yet many remain hesitant due to concerns over affordability and high interest rates.
fromSFGATE3 months agoWith a Recession Looming, Are No-Doc Mortgages Poised for a Comeback?No-doc mortgages provide a way to secure home financing without standard documentation.Current no-doc mortgages are available under much stricter regulations compared to pre-2008.
Venturefromwww.housingwire.com5 months agoCFPB dismisses TILA lawsuit against Vanderbilt MortgageCFPB dismissed lawsuits against multiple companies, including Vanderbilt, which had been accused of regulatory violations regarding lending practices.