Trending Thursday: Fed chills on Great Fall of China?

Trending Thursday: Fed chills on Great Fall of China?

Plus bringing private capital back to Fannie, Freddie and more

What should you do if your Realtor has a family emergency?

But you’re ready to make an offer now

RealtyTrac: Share of in-foreclosure sales hits 15-year low

Cash sales hit 8-year low
W S
Lending / The Ticker

MBA CEO: Mortgage credit may tighten up

/ Print / Reprints /
| Share More
/ Text Size+

With the federal government pumping out more rules, an article in Businessweek cites Mortgage Bankers Association CEO David Stevens saying mortgage credit will probably get tighter as federal regulators continue working on new rules to govern housing finance. 

The trade association is pushing regulators to align the rules to help lenders not have to deal with overlapping requirements, the article explains. 

Rules created by the 2010 Dodd-Frank Act, including measures to prevent mortgage abuses, are just starting to take effect and lenders are awaiting still more before the end of the year, Stevens said.

Source: Businessweek
Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus