Mortgage

CFPB: Annual List of Consumer Reporting Companies Released

Updated list names financial surveillance companies that people can use to access their own files and sue if they violate the Fair Credit Reporting Act Today, the Consumer Financial Protection Bureau (CFPB) released its annual list of consumer reporting companies. The list identifies dozens of specialty reporting companies that collect and sell access to people’s data,…

HUD: Disaster Assistance Announced for Alaska Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Alaska affected by severe storms, straight-line winds, flooding, landslides, and mudslides from October 29 to November 1, 2021. On January 15, President Biden issued a major disaster declaration for…

HUD: Disaster Assistance Announced for Tennessee Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Tennessee affected by severe storms, straight-line winds, and tornadoes from December 10 to December 11, 2021. On January 14, President Biden issued a major disaster declaration for the counties…

HUD: FHA Real-Estate Owned Property Purchase Opportunities Expanded for Owner-Occupied Buyers

Expanded exclusive listing period increases priority purchase opportunities on HUD-owned single-family homes for owner-occupants, HUD-approved nonprofits, and governmental entities. The Federal Housing Administration (FHA) on Thursday announced it is increasing its exclusive listing period on certain HUD single-family real-estate owned (REO) homes to allow more time for owner occupants, HUD-approved nonprofit organizations, and governmental entities to submit…

HUD: Disaster Assistance Announced for Missouri Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state and local recovery efforts in the areas of Missouri affected by severe storms, straight-line winds, and tornadoes on December 10, 2021.  On January 11, President Biden issued a major disaster declaration for Bollinger, Dunklin, Iron, Madison, Pemiscot,…

HUD: Disaster Assistance Announced for Washington Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance to supplement state, tribal, and local recovery efforts in the areas affected by flooding and mudslides from November 13 to November 15, 2021. On January 5, President Biden issued a major disaster declaration for the counties of Clallam, Skagit, and…

FHFA: Targeted Increases to Enterprise Pricing Framework Announced

Upfront Fee Adjustments for High Balance Loans and Second Home Loans to Take Effect April 1, 2022 Today, the Federal Housing Finance Agency (FHFA) announced targeted increases to Fannie Mae and Freddie Mac’s (the Enterprises) upfront fees for certain high balance loans and second home loans. High balance loans are mortgages originated in certain designated…

HUD: Disaster Assistance Announced for Arkansas Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in Arkansas affected by severe storms and tornadoes from December 10 to December 11, 2021. On December 24, President Biden issued a major disaster declaration to make Federal funding available to affected individuals in the counties of Craighead,…

HUD: Disaster Assistance Announced for the Confederated Tribes of Colville Reservation Wildfires Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the Confederated Tribes of the Colville Reservation affected by wildfires from July 12 to August 8, 2021. On December 22, President Biden issued a major disaster declaration for the Confederated Tribes of the Colville Reservation. Federal funding,…

HUD: Disaster Assistance Announced for Alabama Disaster Survivors

The U.S. Department of Housing and Urban Development (HUD) today announced the implementation of federal disaster assistance for areas in the State of Alabama affected by severe storms and flooding from October 6 to October 7, 2021. On December 21, President Biden issued a major disaster declaration for the counties of Jefferson and Shelby. Federal funding, provided…