Energy Efficient Mortgages (EEM’s) are a good thing right? Well one of the unintended consequences of recent mortgage policies is making it harder for “green conscious” homeowners to get EEM
Believe it or not, FHFA is just now coming out and saying they’ll do principal reductions on underwater properties. Kind of funny don’t you think?
Fannie Mae and Freddie Mac are now putting a process in place that may give lenders a bit of a break on buybacks. This could be good for the industry
Not sure if you remember that the CFPB is using a crazy automated “race finder” widget to determine if lenders are lending fairly across different races. Problem is, it’s really
This is a follow up to last Friday where we were talking about a subtle move at the FHFA that could mean higher rates and fees for borrowers.
Did you happen to see the new “Anti-CFPB” commercial on the Republican debate? What do you think of it?
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