C.A.R. Finance Helpline Relevant News on Flipboard

By Sara Sutachan | Relevant news pertaining to real estate finance.

FHFA leaving g-fees alone, revising primary mortgage insurance requirements

The Federal Housing Finance Agency is leaving g-fees largely alone but it is revising requirements for private mortgage insurance companies that …


Study Says Homebuyers Should Do Their Homework When Shopping for a Mortgage

When it comes to shopping around for a new home, buyers should also shop around for the right mortgage lender, say Fannie Mae economists Qiang Cai …

Many Lenders Not Ready for TILA-RESPA Requirements: Survey

Forty-one percent of mortgage lenders feel they are not ready for the August 2015 Truth in Lending Act and Real Estate Settlement Procedures Act …

News Release - Fannie Mae Launches HomePath Ready Buyer Education Program for First-Time Homebuyers

Fannie Mae Launches HomePath Ready Buyer Education Program for First-Time Homebuyers

Up to Three Percent Closing Cost Assistance Available Upon …

Real Estate

News Release - Lackluster Income Growth Weighing on Americans' Housing Sentiment

Lackluster Income Growth Weighing on Americans' Housing Sentiment

Share of Consumers Expecting to Buy a Home on Next Move Reaches Survey Low

Katie …


Press Release


Ali Ahmad

(202) 557- 2727

WASHINGTON, D.C. (April 7, 2015) - WASHINGTON, D.C. (April 7, 2015) - Mortgage credit availability increased in March …


Want a good mortgage deal? Shop around, says Fannie Mae

Obtaining and comparing multiple mortgage quotes and being better informed about the homebuying process may help borrowers get the right mortgage and …


Lenders to lead the way in new closing process

On Aug. 1, lenders will resume responsibility for the actions of all parties at the closing table — but that doesn’t mean lenders will prepare …


An alternative to HELOCs: Financing tied to future home appreciation

WASHINGTON — So you've watched your home equity holdings grow steadily since the end of the recession, and now you want to tap into that wealth to fund a remodeling, college tuition or some other worthy but cash-consuming project?

Join the crowd. Home equity lines of credit, by far the most popular …


Keep Your Home California Expands Criteria of Programs To Help Homeowners Attain Affordable Mortgage Payments - Keep Your Home California

SACRAMENTO – Keep Your Home California announced today changes to help more low and moderate income homeowners, who are struggling with their monthly …


More than 4 million loans were lost in the last five years -- but why?

In the wake of a Federal Housing Administration (FHA) announcement that it will explore alternative credit scoring models to expand access to …

Real Estate

Mortgage credit standards loosen in March

While federal agencies are concerned about how tight mortgage lending credit standards have become since the financial market and housing industry …


Four million mortgage loans missing from 2009 to 2013 due to tight credit standards


HUD’s Castro to Realtors: We want alternatives to traditional credit scoring

Several real estate trade groups spent Wednesday discussing the challenges that credit standards pose for access for some would-be borrowers and …

Julian Castro

Learn more > Consumer Financial Protection Bureau

Welcome! You’ve probably landed here because you followed the instructions on a form, pamphlet, or disclosure given to you by your bank or another …


Five Pitfalls Lurking in New Mortgage Disclosures

The mortgage application and closing process is once again facing an overhaul. The Consumer Financial Protection Bureau will soon require lenders to …

Leased solar panels can complicate — or kill — a home sale

Can going green by leasing solar panels for your roof cost you money — or give you headaches — when you go to sell the house?

Possibly both.

Say you get pitched by one of the growing number of companies offering solar panels at no upfront cost that they claim will save you lots of money on …

Renewable Energy

Come August, there will be a new roadblock to closing a deal on a house

There’s a shift coming that’s about to wreak havoc at the closing table for agents and clients alike.

On Aug. 1, 2015, the new TRID (TILA-RESPA …

Real Estate

NAR rallies troops with TRID training

Although the Consumer Financial Protection Bureau’s new TILA-RESPA Integrated Disclosures (TRID) rule takes effect Aug. 1 and has many implications …

Real Estate

CFPB: No concrete plans to extend TRID

The Consumer Financial Protection Bureau will not extend the Aug. 1 deadline for the new TILA/RESPA Integrated Disclosure rule.

Industry talk quickly …

Real Estate

What Actually Affects Your Credit Score? TransUnion Survey Reveals Consumer Confusion

CHICAGO, Ill. (March 12, 2015) – A recent TransUnion survey reveals consumers are largely confused about what affects their credit score and what is …

Credit Scores

Federal Housing Finance Agency

​​Washington, D.C. – U.S. house prices rose in January, up 0.3 percent on a seasonally adjusted basis from the previous month, according to the …


Realtor.com® Mortgage Affordability Report:Detroit Most, San Francisco Least Affordable - Mar 24, 2015

SAN JOSE, Calif., March 24, 2015 /PRNewswire/ -- With home prices and interest rates likely to increase and mortgage affordability likely to …

Real Estate

What's fact and what's fiction in potential TRID implementation delay

When Steven Antonakes, associate director for supervision, enforcement and fair lending at the Consumer Financial Protection Bureau (CFPB), took to …


Underwater second mortgages surface in Supreme Court case

WASHINGTON, D.C. — As the aftermath of the U.S. housing market collapse in 2008 continues to unravel, the U.S. Supreme Court this week heard oral …


Access to credit still biggest hurdle for millennials to enter real estate market

Much has been made of the lack of millennial homebuyers in the market, but many feel this group might be making waves soon. Since the Great …


It will take a village to close a mortgage in 2015

The broken processThe amount of time and effort it takes to close a mortgage is incredible. Many participants in the process work overtime, sometimes …

Mortgage Fraud

With HAMP resets looming, Fannie and Freddie authorize further modifications

A little over a year ago, Freddie Mac reminded mortgage servicers that interest rates on some loans modified under the Home Affordable Modification


Here’s how to afford homeownership in California

California is infamous for its outrageous housing market, making it nearly impossible for anyone to jump into homeownership.

So what’s the answer for …