In 2024, the U.S. Department of Housing and Urban Development (HUD) unveiled new loss mitigation requirements to assist homeowners with…
In December 2024, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-23, updating its cyber incident…
In an ever-evolving mortgage landscape, brokerages and wholesale lenders face increasing scrutiny from the Consumer Financial Protection Bureau (CFPB). Recent…
In an increasingly digital mortgage landscape, cybersecurity incidents are becoming a top concern. The Federal Housing Administration’s (FHA) recent Mortgagee…
On August 15, 2024, Freddie Mac Multifamily introduced significant updates to its mortgage origination and servicing requirements, focusing on public…
Rental income can be a valuable asset for mortgage applicants looking to meet income requirements, but it also presents unique…
In recent years, the issue of redlining has garnered increased scrutiny as regulatory bodies like the Consumer Financial Protection Bureau…
Natural disasters—from hurricanes and wildfires to floods and earthquakes—pose serious challenges for mortgage lenders, borrowers, and the housing market as…
As artificial intelligence (AI) becomes more prevalent in the mortgage lending industry, it brings a wealth of potential for innovation,…
The mortgage market has been a whirlwind of uncertainty lately, with rates fluctuating in response to evolving economic conditions. Mortgage…