FFIEC issues statement of principles for examining appraisal and valuation bias

FFIEC issues statement of principles for examining appraisal and valuation bias

The Federal Financial Institutions Examination Council (FFIEC) on Monday issued a statement outlining examination principles related to valuation and appraisal discrimination or bias in residential lending.  FFIEC is a federal interagency coalition... Read more »
Fortune: Gen X is worried health issues will bankrupt them

Fortune: Gen X is worried health issues will bankrupt them

While recent data has illustrated the dire financial situation that many members of Generation X — the cohort born primarily between 1965 and 1981 — seem to find themselves in, a recent... Read more »
CFPB’s Chopra addresses mortgage issues in House oversight hearing

CFPB’s Chopra addresses mortgage issues in House oversight hearing

The Consumer Financial Protection Bureau (CFPB) wants to address mortgage issues, including affordability and servicing challenges. However, persistently high mortgage rates currently straining affordability prospects will limit what the Bureau can accomplish.... Read more »

FHFA issues final rule on commingled securities for GSEs

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.... Read more »