Chester County News and Community Website
The Consumer Financial Protection Bureau (CFPB) and the Federal Housing Finance Agency (FHFA) recently published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). …
CFPB and FHFA Publish Updated Data from the National Survey of Mortgage Originations for Public Use Read More
Mortgage applications can be denied for a number of reasons. Maybe you didn’t provide enough information on your application. Or maybe your credit score wasn’t high enough. Whatever the reason, …
If Your Mortgage Application is Denied, Here’s What to Do Next Read More
Home-sale prices rose 3.2% year over year during the four-week period ending November 6, the smallest increase since July 2020, according to a new report from Redfin (redfin.com), a real estate brokerage.
Report: Home-Sale Prices Rise at the Slowest Pace in Over a Year Read More
The Consumer Financial Protection Bureau, the Federal Reserve Board, and the Office of the Comptroller of the Currency recently announced that the 2023 threshold for exempting loans from special appraisal …
New Threshold Announced for Higher-Priced Mortgage Loans Read More The Consumer Financial Protection Bureau (CFPB) has released its annual report on residential mortgage lending activity and trends for 2021. The report, which is based on data submitted by thousands …
Mortgage Lending Trends: Consumer Financial Protection Bureau Shows a Shift in Refinance Loans to Home Purchase Loans Read More
WASHINGTON, D.C. — The Federal Housing Administration (FHA) recently announced that it has issued implementation guidance for lenders to obtain a reduction of upfront and annual mortgage insurance premiums (MIP) on …
FHA Announces “Green MIP” Reductions Read More
The housing market is slowing down, and it’s clear that American attitudes about buying a home are changing as well. A new Fannie Mae survey shows that both prospective home …
American Attitudes About Housing Hit 10-Year Low: Prospective Home Buyers and Sellers Back Off from U.S. Housing Market Read More
WASHINGTON D.C. — The Federal Financial Institutions Examination Council (FFIEC) announced the availability of data on 2021 mortgage lending transactions reported under the Home Mortgage Disclosure Act (HMDA) by 4,338 …
2021 Data on Mortgage Lending Released Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA)—a landmark federal civil rights law protecting individuals …
CFPB Issues Advisory Opinion on Coverage of Fair Lending Laws Read More WASHINGTON, D.C. — The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2021 are now available on the Federal Financial Institutions Examination Council’s HMDA Platform for …
2021 HMDA Data on Mortgage Lending Now Available Read More