One day after the FHFA announcement, Homepoint, Guaranteed Rate and UWM announced that they have already implemented the 2022 conforming loan limits
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Stakeholders are divided over whether, in light of proposed changes to its capital rule, the FHFA should retool its agreement with the U.S. Treasury and remove policies some say never belonged there in the first place.
Online real estate platform Clever has raised $8 million in a Series B funding round to expand its team and accelerate its mortgage efforts, the company said on Wednesday.
It will fall to the mortgage originator to send out a clear message to home loan borrowers, letting them know their options and pushing for unfiltered contact with new homebuyers. If the industry doesn’t step up its new borrower outreach efforts, it could appear to government regulators that the industry isn’t taking the President’s mandate seriously.
Kenon Chen writes: It is time to look at whether the impact it has on people is equitable. And the appraisal process is no exception.