Congressman Wants to Fine HUD for Over $100MM

October 16, 2015 FHA/HUD, Mortgage News No Comments

David Jolly from Florida want’s to fine HUD over $100MM for an assisted living issue that could be easily be solved in such a way that wouldn’t hurt HUD.

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Fannie and Freddie Lighten Up on Lenders

Fannie Mae and Feddie Mac have come out and said they will lighten up a little bit on lenders with respect to “minor defects”.



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Low to Mod Borrowers Need TRID Safe Harbor

October 13, 2015 CFPB, Compliance Matters 5 Comments

With no Safe Harbor for TRID, lenders may pull back on low to moderate income products.



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