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Bipartisan lawmakers Thursday called on the Biden Administration’s task force on combating home appraisal bias to release more data backing its proposed reforms, and to expand its scope. The White House this week unveiled proposals from its…
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CFPB Director Rohit Chopra said his agency and others will exercise their “dormant authority” to apply regulatory scrutiny to the appraisal industry. Stefani Reynolds/Bloomberg Bank regulators are sharpening their tools for identifying…
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Late payments on mortgages inched up by 1.76% on a consecutive-month basis in February to more than 1.78 million, marking the first time since May of last year that delinquencies have increased, Black Knight found. Overall delinquencies,…
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