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A Connecticut-based couple sued the bank and Cavanaugh Appraisals, LLC for denying them a refinance in 2021 because of racial bias.
December 14 -
The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.
January 21 -
The Federal Housing Finance Agency found several comments that could lead to fair lending concerns in the “neighborhood description” section of reports.
December 14 -
The agency's request for input will shape how mortgages underwritten by Fannie Mae and Freddie Mac handle appraisals and curb risk.
December 29 -
More defaults will lead to an increase in distressed sales, and that will drive down prices, CoreLogic said.
September 21 -
The government-sponsored enterprise’s seller/servicer guide is now integrated into the online portal. Freddie also improved the readability of loan-level reporting it provides, and has further changes in the works.
September 15 -
From guidelines for remote appraisal alternatives to the ways that forbearance affects borrowers' ability to get new loans, here are five examples of mortgage requirements that have been in flux since the coronavirus outbreak in the United States.
July 29 -
The measures extended by the Federal Housing Finance Agency include alternative methods used for certain appraisals and for verification of employment.
June 11 -
The government-sponsored enterprises have set new temporary limits on mortgage sales while extending processing flexibilities related to COVID-19.
May 6 -
The Federal Housing Finance Agency authorized the government-sponsored enterprises to lend additional support to the mortgage-backed securities market and temporarily allow some flexibility in lending requirements to address coronavirus-related concerns.
March 23