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…
As Fannie Mae and Freddie Mac prepare to tighten lending regulations, commercial real estate (CRE) lenders are bracing for significant…
The Consumer Financial Protection Bureau (CFPB) has taken action against mortgage lender NewDay USA, ordering it to pay $2.25 million…
In a significant step toward protecting low-income borrowers from predatory lending practices, the Consumer Financial Protection Bureau (CFPB) has issued…
In a recent development highlighted by the National Mortgage Professional, new fair lending guidelines have introduced important changes that mortgage…
As mortgage interest rates continue to decline, the mortgage industry stands at a pivotal moment. This downward trend in rates…