Credit unions and other mortgage lenders have observed slow mortgage demand for some months, but the Federal Housing Finance Agency said prices are on the uptick.
Democrats in the House ask the CFPB's inspector general to investigate allegations of employee discrimination. The NCUA is questioned, too.
Regional price variances, low inventory and too many homeowners still underwater mean higher prices aren't resulting in big loan gains.
NCUA chairman promotes need for authority over vendors when introducing a proposed rule.
Multi-agency rule that applies to state oversight of appraisal management firms is a Dodd-Frank mandate.
ASI-approved H.R. 3584, which would allow privately-insured credit unions to join a FHLB, passes House committee markup.
A new Senate plan would insure and regulate mortgage backed securities like credit union deposits.
FHFA inspector general audit recommendations include eliminating automatic overrides in system.
Civil rights group seeks agency's justification in light of Richmond, Calif.,
Now MI policies will have to include loan modification strategies, agency says.