GSE COVID-19 Update
Fannie Mae and Freddie Mac (the “GSE’s”) have issued additional guidance related to COVID-19 in an attempt to address lender’s concerns. The newest guidance from Fannie Mae in an update to Lender Letter 2020-3 provides additional information in the following areas on loans with application dates on or after April
2019 HMDA Preliminary Modified LAR Files Integrated Into RiskExec
Asurity announced on Thursday, April 2, the immediate integration of the 2019 Home Mortgage Disclosure Act (HMDA) Preliminary LAR files made available by the Consumer Financial Protection Bureau (CFPB).
Capitalize on Increased Demand for HELOCs with Asurity’s Custom Loan Packages
With home values increasing and interest rates nearing all-time lows, lenders can expect to see a growing demand for HELOC programs as homeowners seek to capitalize on the equity they have in their homes.
Fannie Mae and Freddie Mac Address Transition from LIBOR to SOFR
The Federal Housing Finance Agency announced the process by which Fannie Mae and Freddie Mac plan to transition from the use of LIBOR to SOFR as the standard index rate for adjustable rate mortgage (ARM) loan products.
COVID-19 Update: CFPB Issues Temporary Data Collection and Submission Relief
Institutions reporting 60,000 covered loans in the preceding calendar year were originally required to submit their first quarterly HMDA submissions in 2020 by May 30.
Asurity Receives HousingWire Tech100 Award for Third Consecutive Year
HousingWire’s annual Tech100 Award, celebrating the 100 most innovative technology companies serving the mortgage and real estate industries, once again recognized Asurity for its market leading mortgage-tech solutions.