Archive for Mortgage origination

On February 13, the Appraisal Subcommittee (ASC) held a public hearing on appraisal bias, including an examination of The Appraisal Foundation

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As interest rates increased in 2022, the number of refinance mortgage originations declined, with cash-out refinances becoming a larger share of all refinances

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This week, we joined the State of Maine to file an amicus brief to help ensure that consumers receive critical protections when taking out loans

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A new analysis from CFPB researchers finds that the majority of mortgage borrowers in forbearance during COVID-19 have since become current on their loans

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Today, the CFPB is taking another step toward ensuring accountability for automated decision models, sometimes marketed as artificial intelligence (AI)

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The CFPB issued a standard Request for Information on the economic impact of mortgage loan originator rules on small mortgage companies as part of a mandated 10-year review

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The Independent Community Bankers Association has filed an application to create an alternative mortgage disclosure to improve understanding and facilitation of construction loans

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With mortgage interest rates elevated to levels not seen in many years, homebuyers are more likely to be offered, or seek out, alternatives to fixed-rate mortgages to help lower their monthly mortgage payments

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Mortgage interest rates have been rising sharply in recent months, impacting mortgage borrowers and applicants

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We’ve published a Beginner’s Guide to Accessing and Using Home Mortgage Disclosure Act Data, a resource for those interested in using these comprehensive data on the U

See the full post at consumerfinance.gov