OCC drops disparate impact enforcement

The Office of the Comptroller of the Currency (OCC) announced Monday that it will no longer enforce disparate impact analysis in fair lending risk assessments, following a directive from the White House issued three months ago.“Consistent with EO 14281, the OCC supervisory process for fair lending c
Read MoreInformative Research adds Halcyon integration to verification platform

Informative Research, a provider of credit and verification solutions to the mortgage lending community, announced on Monday the availability of Halcyon’s IRS tax transcript service within Informative Research‘s verification platform.The enhancement expands Informative Research’s suite of income ver
Read MoreThe battle over rates: Trump vs. Fed Chair Jerome Powell

HousingWire Lead Analyst Logan Mohtashami has been tracking the battle between President Trump and Federal Reserve Chairman Jerome Powell over interest rates since the election. Below is an updated list of articles and podcasts on the topic. July What’s Fed Chair Jerome Powell’s next move on rate cu
Read MoreHousing inventory actually fell last week. What is going on?
Housing inventory decreased last week, while purchase application data grew 25% year-over-year! What is happening in the housing market? In the two weeks leading up to the July 4th holiday week, our weekly Housing Market Tracker showed that housing data was stabilizing as mortgage rates approached t
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