Category: Government
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sheCENTER(FOLD): Interview with Sheri Orlowitz
With over two decades of experience in developing, acquiring and divesting a myriad of companies, Sheri L. Orlowitz has proven to be a powerhouse women entrepreneur in male-dominated fields. She reveals to NAWRB her entrepreneurial experience abroad as a delegate for the State Department, strategies for women entrepreneurs to expand globally, and the story of…
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Change in ‘Loan Prospector’ Affecting Lenders and Borrowers
Beginning June 1, Freddie Mac will no longer charge for its automated underwriting service–Loan Prospector–which will affect lenders and borrowers.
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New Financial Rule Set by Fannie Mae and Freddie Mac
The Federal Housing Finance Agency stated Wednesday that Fannie Mae and Freddie Mac are issuing new operational and financial requirements for all sellers and servicers who work with the GSEs.
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Hope for TRID Delay Slipping Away
CFPB Director Richard Cordray squashed rumors earlier this week of a possible delay in the August 1, 2015 implementation of the TILA-RESPA Integrated Disclosure (TRID) rule.
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Housing Affordability Hindering Fiscal Growth
High-productivity markets are not the key to increasing economic growth due to the lack of housing affordability. The National Bureau of Economic Research found that high-profile locations such as San Francisco, New York and San Jose are not generating the GDP growth that they should be.
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Bill to Provide Temporary Legal Protection from TRID
In an effort to protect those affected by the upcoming implementation of the TILA-RESPA Integrated Disclosure (TRID), Congressman Steve Pearce (R-NM) and Congressman Brad Sherman (D-CA) have introduced a bill that will provide temporary legal protection.
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Trends for Women in Politics: Growth is Slow and We Need More Women like You
Do you want to drive change? Want to have a say in ongoing policy debates about housing and small business issues? Want to amplify the voices of women offering bold solutions when those issues are on the table? Then maybe you should run for office!
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Quicken Loans Suing the DOJ and HUD
Quicken Loans—the largest Federal Housing Administration (FHA) mortgage lender in the U.S.—sued the United States Department of Justice (DOJ) and Department of Housing and Urban Development (HUD) on Friday. Quicken Loans claims this was its only choice after the DOJ told the company it must publicly admit to information that was false, as well as…
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Deadline Approaches for CFPB Director’s Response to TRID Delay Request
The deadline for CFPB Director Richard Cordray to respond to a letter proposing a delay in the implementation of the new TILA-RESPA rule is rapidly approaching. The deadline—Friday, April 17—will be closely followed by the mortgage industry in particular.
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Major Sale: Fannie Mae to Follow in Freddie Mac’s Footsteps
Fannie Mae has joined the ranks of Freddie Mac in selling delinquent loans to clean up its portfolio. The delinquent loans consist of non-performing single-family mortgages and will be sold in pools to buyers in the near future.