Wednesday , 21 October 2020

Buzz Feed

CFPB Announces Advisory Committee Members

Consumer Financial Protection Bureau Director Kathleen L. Kraninger has announced the appointment of members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These experts advise Bureau leadership on a broad range of consumer financial issues and emerging market trends. In spring 2019, … The post CFPB Announces …

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FHA’s ‘Generational Shift’ in Tech

Editor’s note: This piece originally appeared in the October issue of DS News, out now. Editor’s note continued: Dear DS News readers,  It is not often that I am compelled to introduce a story that you are about to read. However, this month’s cover story, “FHA’s Timely IT Modernization” deserves a prelude to frame both its significance for our industry and the broader lessons that the system at large can … The post FHA’s ‘Generational …

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Many in Forbearance Are Current on Mortgage Payments

Forbearance data might not be as daunting as it looks at first blush. That is, according to an article by Bloomberg.com, which points to the Mortgage Bankers Association (MBA) data showing that, as of September 6, as many as 25% of all homeowners in forbearance plans have continued to make their monthly mortgage payments. That … The post Many in …

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The VP Candidates’ Differing Views on Housing

As the country faces a housing shortage as well as a fast-approaching presidential election, whichever party ends up in the White House in 2021 is going to have a significant impact on housing. Although the vice-presidential candidates did not speak specifically about housing during their debate last Wednesday, it is worth looking into what each … The post The VP …

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What Could Each VP Candidate Mean for Housing?

As the country faces a housing shortage as well as a fast-approaching presidential election, whichever party ends up in the White House in 2021 is going to have a significant impact on housing. Although the vice-presidential candidates did not speak specifically about housing during their debate last Wednesday, it is worth looking into what each … The post What Could …

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Assistance Available to Owners of Disaster-Impacted Properties

Hurricane Delta  made landfall as a Category 2 hurricane Friday night in southwest Louisiana, miles from where Hurricane Laura made landfall six weeks ago. Property data analysts at CoreLogic last week reported hundreds of thousands of homes at risk of storm surge destruction by Delta. In a statement re-released Monday, Fannie Mae reminded those impacted by hurricanes, … The post Assistance Available …

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‘Roadblocks’ Impede Latinx Homebuyers

Both lending inequities and limited household wealth have been holding Latinx homebuyers back since, at least, the Great Recession, according to a Zillow study published Monday. While roadblocks remain, the report indicates, “remarkable growth this half-decade has boosted the share of Latinx households in the U.S. that own their home to its highest since the housing … The post ‘Roadblocks’ Impede …

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Latinx Homebuyers Still Face ‘Roadblocks’

Both lending inequities and limited household wealth have been holding Latinx homebuyers back since, at least, the Great Recession, according to a Zillow study published Monday. While roadblocks remain, the report indicates, “remarkable growth this half-decade has boosted the share of Latinx households in the U.S. that own their home to its highest since the … The post Latinx Homebuyers …

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