Fed Proposes Mortgage Standard Rules

The Federal Reserve released a proposal that seeks to require banks to ensure borrowers can repay their mortgages before they give them a loan.

Topics:  federal reserve   mortgage   
BING NEWS:
  • Average rate on a 30-year U.S. mortgage hits 6.91%, according to Freddie Mac, the highest since July
    The benchmark 30-year fixed rate loan rate rose to 6.91% from 6.85% last week, according to mortgage giant Freddie Mac.
    01/2/2025 - 6:03 am | View Link
  • New York proposes new regulation to boost fair lending by nonbank mortgage lenders
    Nonbank mortgage lenders originated about two-thirds of all home loans nationwide in 2022, a dramatic increase from 39% in 2008. The proposed regulation sets clear expectations for these lenders to ...
    12/17/2024 - 6:15 am | View Link
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