Items Tagged with 'mortgage finance'

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From HW Magazine

What will the mortgage industry look like with a new sheriff in town?

Ballard Spahr partner outlines what to expect under Trump
While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.
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Fannie Mae lowers mortgage risk with new credit scoring system

Trended data expands credit box for consumers
Fannie Mae is rolling out new initiatives that will make it easier for some borrowers to get a mortgage. The GSE is now requiring lenders to use trended data when underwriting single-family borrowers through Desktop Underwriter, a move that TransUnion said could increase the number of people in the Super Prime risk tier from 12% of the population to nearly 21%.
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