Mortgage

Following the withdrawal of the long-awaited 2023 final rule revising Community Reinvestment Act (CRA) standards, banks will experience no change in effective CRA standards. Meanwhile, some states are working on tightening their own regulations meant to root out discrimination, which could make things interesting for some financial institutions. Read on »

Dr. Jessica Lautz, deputy chief economist and vice president of research at the National Association of Realtors, will counter the existing narratives of housing market distress with the actual data driving consumer behavior at her presentation at the National Settlement Services Summit (NS3). Read on »

The mortgage industry has been pleasantly surprised by positive developments in purchase application numbers this spring as many borrowers have taken advantage of dips in mortgage rates driven by economic uncertainty. Read on »

Could you spot a fake ID? Many seasoned real estate professionals know skill is useful to more than club bouncers or police officers. Jaime Kosofsky, executive vice president of business development and compliance at Brady and Kosofsky, can attest to this fact, as he noted on a recent episode of the Keys to Real Estate podcast. Read on »

Both the Mortgage Bankers Association and the National Association of Realtors celebrated the real estate tax provisions in the Republican-led tax and spending package that was advanced by the House of Representatives via a narrow 215-214 vote. Read on »

MISMO, the real estate finance industry’s standards organization, recently published its Unique IDs tool, designed to streamline impact analysis and accelerate implementation efforts, according to a release by the Mortgage Bankers Association. Read on »

In an effort to roll back rules some would describe as “unnecessary, unlawful, unduly burdensome and unsound,” the Office of Management and Budget issued a request for information for interested stakeholders. The Mortgage Bankers Association responded with a list of recommended revisions and rescissions for rules spread across various agencies. Read on »

Acting leadership at the Consumer Financial Protection Bureau (CFPB) announced a list of 39 guidance materials to be rescinded, including several applicable to mortgage originators and servicers issued since the CFPB assumed its functions in 2011. Read on »

If you have ever wondered how artificial intelligence stuff works, you are not alone. Listen and learn as author and futurist Brian Carter discusses one of the biggest tech revolutions in decades on the Keys to Real Estate podcast and why he believes it is more than just hype. Be sure to catch his presentation at the 2025 National Settlement Services Summit in Pittsburgh. Read on »

Amid a variety of bills introduced this year aimed at improving affordable housing availability, the mortgage industry has signaled its support for one proposing to do something that has not been done in more than 20 years – increasing the Federal Housing Administration loan limit. Read on »