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HUD official Alanna McCargo takes over the top job at the government corporation, which has had a series of acting leaders since 2017.

HUD official Alanna McCargo takes over the top job at the government corporation, which has had a series of acting leaders since 2017.

Federal regulators have suspended a number of provisions that were put in place by the Trump administration to dial down Fannie and Freddie's market share and help them raise capital.

MLO and Sales Jobs; HELOC, Bridge Financing, Non-QM, Verification Products; Upcoming Events May 3 2021, 8:15AM Who is Guramrit Hanspal? Every servicer and lender hope good ol’ Gur doesn’t start giving lessons in how to avoid making mortgage payments, which he has avoided doing for 23 years and is still in his NY house. (If I were him, is that something I really want in the press rather than laying low?) In other news, nbroken” now, what do you think will happen as the U.S. economy picks up steam? (The audio version of today’s commentary is available here is ...

Inman Connect Early in March, the Consumer Financial Protection Bureau (CFPB) proposed to delay the mandatory compliance date for its General Qualified Mortgage final rule. Now, the Mortgage Bankers Association is standing against that proposal, saying it would bring uncertainty to the housing market.  The CFPB issued final rules related to qualified mortgage (QM) loans back in December. Lenders are required under the law to determine that consumers have the ability to repay mortgage loans before lenders make those loans. Loans that meet legal standards for QM loans are presumed to be loans ...