On September 1, 2020 the NYDFS published Industry Guidance to the Chief Executive Officers or Equivalents or New York Regulated Mortgage Lenders and Services regarding the unlawful pass through to the mortgagor (“Borrower”)...more
On August 12, 2020, Fannie Mae and Freddie Mac announced that the cost to originate and to deliver single family limited cash out refinances and cash out refinance mortgage loans would increase by one half of one percent...more
8/20/2020
/ Closing Costs ,
Coronavirus/COVID-19 ,
Fannie Mae ,
FHFA ,
Financial Services Industry ,
Freddie Mac ,
Interest Rates ,
Lender Letters ,
Lenders ,
Mortgage Bankers Association ,
Mortgage Lenders ,
Mortgage Loan Originators ,
Mortgage Loan Servicing Standards ,
Mortgages ,
Real Estate Market
Securities and Exchange Commission Chairman Jay Clayton issued a public statement October 30, 2019, seeking market input on the asset-level disclosure requirements for SEC-registered residential mortgage-backed securities...more
11/4/2019
/ Asset-Backed Securities ,
Comment Period ,
Disclosure Requirements ,
EDGAR ,
Financial Institutions ,
Financial Markets ,
Housing Market ,
Offerings ,
Policy Statement ,
Popular ,
Public Statements ,
Regulatory Reform ,
Regulatory Requirements ,
RMBS ,
Securities and Exchange Commission (SEC)