Chester County News and Community Website
WASHINGTON, D.C. — The Federal Housing Administration (FHA) recently announced the completion of its revised and streamlined loan-level certification form required from lenders when originating a single-family mortgage intended for …
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau has issued final rules related to qualified mortgage (QM) loans. Lenders are required under the law to determine that consumers have the …
Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) recently announced the agency’s new schedule of loan limits for calendar year 2021 for its Single Family Title II forward and Home …
Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) released its fiscal year (FY) 2020 annual report covering the financial status of the Mutual Mortgage Insurance (MMI) Fund and its Single Family …
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WASHINGTON, D.C. — The Federal Housing Administration (FHA) this week published a proposed rule on its website that highlights a proposal to allow a private flood insurance option instead of insurance …
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WASHINGTON, D.C. — The U.S. Department of Veterans Affairs (VA) announced it achieved a record year in its home loan program, by guaranteeing more than 1.2 million home loans in …
Read More WASHINGTON, D.C. — The Federal Housing Administration (FHA) announced the launch of its new automated underwriting system (AUS) for use by lenders originating mortgages for FHA insurance. Built on the …
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WASHINGTON, D.C. — The Consumer Financial Protection Bureau (Bureau) this week issued a final rule to extend the Government-Sponsored Enterprise (GSE) Patch until the mandatory compliance date of a final …
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WASHINGTON, D.C. — Tthe Consumer Financial Protection Bureau (Bureau) recently issued a consent order against Accelerate Mortgage, LLC (Accelerate), a Delaware limited liability corporation that is licensed as a mortgage …
Read More WASHINGTON, D.C. — The Consumer Financial Protection Bureau this week issued a new Home Mortgage Disclosure Act (HMDA) analysis of the 2019 HMDA Data. This data article is the second …
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