TRID is a real obstacle to mortgage process

LoanDepot closes first $150M securitization of personal loans

Demand for new personal loans takes off

[Report] The housing market can withstand a Fed interest rate hike

But can it survive rising home prices?

Items Tagged with 'credit overlay'


Fannie Mae: Mortgage lenders unnecessarily restrict credit

Higher credit scores, additional documentation most common
Despite pushes from the Federal Housing Finance Agency and the Federal Housing Administration, lenders are still applying additional credit overlays to loans delivered to Fannie Mae and Freddie Mac, a new survey of lenders showed. Here are all the details.
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FHA announces plan to expand credit access

Plan offers MI discounts for borrowers, provides clarity on FHA policies
The Federal Housing Administration has released its “Blueprint for Access” which outlines the additional steps the agency is taking to expand credit access for “underserved borrowers.”
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