The U.S. House of Representatives voted for a bill that exempts certain depository institutions from complying with requirements under the Home Mortgage Disclosure Act (HMDA).If enacted, credit unions and other lenders with less origination volume as set forth in the bill will not be legally Read more
In 2015, More Mortgages “of All Types and Purposes” Were Made
More mortgage loans were originated in 2015, recent data released by the Federal Financial Institutions Examination Council (FFIEC) revealed. The 2015 data also found the share of government-backed purchase mortgages to have increased.The latest housing data was based on the lending activity at Read more