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February 12, 2015
According to FHA’s FY 2014 Q4 Report to Congress, the average FICO score of an FHA borrower through December 2014 was 679.
Topics: FHA
February 11, 2015
Congressional Republicans unveiled draft legislation that would ban broadband providers from blocking, slowing down or speeding up access to specific websites but avoid using utility-like regulations to do so.
Topics: Net Neutrality
February 6, 2015
Late last week, Congress introduced two new data privacy security bills. H.R. 580, “The Data Accountability and Trust Act (DATA), introduced by Representatives Bobby Rush (D-IL) and Joe Barton (R-TX), is substantially similar to a bill which has been introduced several times in previous Congresses.
February 6, 2015
On Tuesday, Feb. 3, 2015, H.R. 685 "The Mortgage Choice Act" was introduced in the House of Representatives.
February 6, 2015
On Feb. 5, 2014, U.S. House Judiciary Chairman Bob Goodlatte (R-VA), re-introduced the Innovation Act — the same patent reform legislation that passed in 2013.
February 6, 2015
On Feb. 4, 2015, the US Department of Housing and Urban Development (HUD) released Mortgagee Letter 2015-04 to provide improved notification templates for the availability of HUD-approved housing counseling services.
February 6, 2015
On Feb. 4, Federal Communications Commission (FCC) Chairman Tom Wheeler released a fact sheet setting out his proposal for new Open Internet rules.
Topics: Net Neutrality
February 6, 2015
On Feb. 2, 2015, NAR President Chris Polychron met with Lisa Afua Serwah Mensah, Under Secretary of USDA Rural Development, and Tony Hernandez, USDA Rural Housing Service Administrator.
February 6, 2015
On Wednesday, Feb. 4, the Federal Insurance Office within the Department of the Treasury released interim guidance on implementation of the Terrorism Risk Insurance Program Reauthorization Act of 2015, which was signed into law on Jan. 12 and renewed the federal Terrorism Risk Insurance Program through 2020.
February 6, 2015
On Feb. 4, 2015, Fannie Mae released Lender Letter 2015-02 to provide clarifications and additional information about Collateral Underwriter, Appraiser Quality Monitoring (AQM) and updates to the Property Eligibility and Appraisal Requirements section of the Selling Guide.

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