Reform group finds “disturbing pattern” against people of color and low income borrowers
The mortgage delinquency rate for one-to-four-unit residential properties rose 4.80% on a quarter-to-quarter basis during the last three months of 2016, a survey by the Mortgage Bankers’ Association (MBA) revealed
An increase in judicial foreclosure actions led to an uptick in foreclosure filings last month.
HUD has been selling underperforming mortgages in an effort to keep homeowners in their houses, but the agency decided the bids on the latest batch were too low to accept.
A White House economist has stressed the need for a continued government mortgage guarantee, regardless of the fate of Fannie and Freddie
The head of the CFPB was taken to task by Senate committee members Wednesday for the agency's habit of holding closed-door sessions and failing to provide notice for public hearings.
Freddie Mac has offloaded more of its risk to private capital, obtaining insurance to cover up to $77.4 million in credit losses for risk associated with some single-family loans
The national mortgage delinquency rate has dropped nearly a quarter in the last year