The federal foreclosure moratoria are set to expire July 31st, and lenders and mortgage servicers can start foreclosing on homes as soon as August 1st
A joint fraud advisory from the CFPB and VA on how to avoid common VA home loan scams
This post is the second in a series documenting trends in consumer credit outcomes during the COVID-19 pandemic
Our digital toolkit provides media, intermediaries, and other stakeholders with the latest information and resources to help educate struggling renters and mortgage borrowers of their protections and relief options
This analysis investigates how characteristics of mortgages, borrowers, and lenders vary across AAPI subgroups, based on the 2020 Home Mortgage Disclosure Act (HMDA) data
We have temporarily updated our rule for most mortgage servicers to require them ─ when they reach out to borrowers who are behind on their loans or in forbearance ─ to tell borrowers about their options to avoid foreclosure
We continue to monitor the market to assess new and developing risks to consumers, and we share updated charts from our report that show an improving economic picture, yet sustained housing insecurity risk
New Bureau research examines consumer credit trends through April 2021, finding little increase in delinquencies on credit cards, auto loans, mortgages, and student loans during COVID-19
In this blog, we explain the data source and analytical approach, as well as key findings from the report ‘A Brief Note on General Lending Patterns of Small to Medium Size Closed-end HMDA Reporters’
I’m pleased to release the results from our first tech sprints, which sought to identify innovations and improvements in the way lenders notify consumers of adverse credit actions, as well as how we collect and process home mortgage data
