Fannie Mae updated the area median incomes used to determine a borrower’s eligibility for HomeReady mortgage loans. The 2018 HomeReady income limits will be available on or after the weekend of June 23, 2018. At that time, the updated limits will be implemented in Desktop Underwriter and published on Fannie Mae’s website for use with manually underwritten loans.
CFPB
CFPB Amends Fair Credit Reporting Act with respect to Medical Information
The CFPB adopted rules amending the Fair Credit Reporting Act (FCRA) with respect to medical information. Per the rule adoption, the CFPB removed an exception
January 16, 2025
