The Consumer Financial Protection Bureau (Bureau) today issued an interpretive rule to provide guidance to creditors and other persons involved in the mortgage origination process about the way in which the Bureau determines which counties qualify as “underserved” for a
The Securities and Exchange Commission today announced an award of about $125,000 to a whistleblower whose information and assistance helped both the SEC and another agency bring successful actions against the perpetrator of a fraudulent securities offering.
“The whistleblower’s tip helped
CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced an agreement to offer its HomeVisit™ visual media and marketing solutions to the 6,300 members of the
MARKET COMMENT
Mortgage bond prices finished the week lower which put upward pressure on rates. The Fed kept their MBS buying relatively constant, but we still saw selling pressure most of the trading days. The data was mixed but some releases
The impact of coronavirus shutdowns
Existing-home sales fell in May, marking a three-month decline in sales as a result of the coronavirus outbreak, according to the National Association of Realtors®. Each of the four
The Consumer Financial Protection Bureau (Bureau) today issued two Notices of Proposed Rulemaking (NPRMs) to address the impending expiration of the Government-Sponsored Enterprises Patch (GSE Patch). The GSE Patch is scheduled to expire in January 2021 or when the GSEs
The housing market showed some early signs of recovery in May as
