CHLA In The News
National Mortgage news – NAR changes commissions rules with $418M settlement
As details of the settlement were unfolding Friday, mortgage industry trade groups said they were monitoring the news. The Mortgage Bankers Association said it would watch for commission updates, while the Community Home Lenders Association said Friday’s announcement was consistent with its previous calls to regulators.
Inside Mortgage Finance – House Passes FY24 Funding Omnibus in Bipartisan Vote
“Ginnie isn’t an agency that doles out a bunch of grants,” he said. “It runs like a private business, and it needs to be nimble as things happen in the market.” If it had more flexibility, he said, Ginnie could stand up new initiatives more quickly.
National Mortgage News – Biden’s speech elicits mixed reaction from housing industry
In a time of historically high mortgage rates, such affordability initiatives are critical in empowering first-time and low-income borrowers in purchasing a home and building generational wealth,”
Inside Mortgage Finance – Fannie Rolls Out Buyback Alternative
“This new step in the quality control process gives mortgage lenders the opportunity to address loan defect concerns earlier in the review process,”
Scotsman Guide – President Biden offers proposals to combat housing issues in State of the Union
“In a time of historically high mortgage rates, such affordability initiatives are critical in empowering first-time and low-income borrowers in purchasing a home and building generational wealth.”
National Mortgage Professional – Fannie Mae Implements Notice Of Potential Defect Process To Address Loan Repurchase Risks
“Progress, but we’re not there yet,”
National Mortgage news – NAR changes commissions rules with $418M settlement
As details of the settlement were unfolding Friday, mortgage industry trade groups said they were monitoring the news. The Mortgage Bankers Association said it would
Inside Mortgage Finance – House Passes FY24 Funding Omnibus in Bipartisan Vote
“Ginnie isn’t an agency that doles out a bunch of grants,” he said. “It runs like a private business, and it needs to be nimble
National Mortgage News – Biden’s speech elicits mixed reaction from housing industry
In a time of historically high mortgage rates, such affordability initiatives are critical in empowering first-time and low-income borrowers in purchasing a home and building