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FHFA Rescinds LLPA DTI Fees

On May 10, the Federal Housing Finance Agency (FHFA) announced that it has rescinded the loan-level pricing adjustment (LLPA) fees for Fannie Mae and Freddie Mac borrowers with a debt-to-income ratio (DTI) of 40% or...

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FDIC to Examine Property Appraisal Bias

As a part of its supervision of fair lending practices, the Federal Deposit Insurance Corporation (FDIC) will expand its examination process of property appraisals, to detect and root out racial bias in appraisals, following on...

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