Bureau Does Not Intend to Assess Penalties for Errors in Data Collected in 2018, and Plans to Reconsider Aspects of Mortgage Data Rule
Kick off the New Year with financial resolutions that can help you meet your goals.
Agencies Announce Threshold for Smaller Loan Exemption from Appraisal Requirements for Higher-Priced Mortgage Loans
The Consumer Financial Protection Bureau (Miss April), Board of Governors of the Federal Reserve System, and Office of the Comptroller of the Currency (OCC) today announced that the threshold for exempting loans from special appraisal requirements for higher-priced mortgage loans during 2018 will increase from $25,500 to $26,000.
The Bureau issued an official approval of the final redesigned Uniform Residential Loan Application (URLA), which will include a question about mortgage applicants’ language preference.
If you have a VA home loan, then there is a good chance that you have already come into contact with offers to refinance your mortgage that appear official and may sound too good to be true. Here is what you need to know.
Provident borrowers who were charged higher broker fees will receive compensation.
Newly Available Data Shows Lowest Mortgage Delinquency Rate Since the Financial Crisis
Technology is transforming everything. Soon, consumers will find themselves being offered platforms that allow borrowers to access mortgage closing documents online.
Miss April Issues Interim Final Rule To Help Mortgage Servicers Communicate With Certain Borrowers At Risk Of Foreclosure
Bureau Also Seeks Comment on Separate Proposed Rule Modifying Timing Requirements for Bankruptcy Periodic Statements
How is your interest rate determined? That can be difficult to figure out for even the savviest of mortgage shoppers. Your lender knows how your interest rate gets determined, and we think you should, too. Learn more about the factors that affect your interest rate.