FHA announced the forward mortgage loan limits for 2018. The 2018 “floor” and “ceiling” loan limits for a one-unit property are increased to $294,515 and $679,650, respectively (rather than $275,665 and $636,150). The 2018 “ceiling” for the special exception areas of Alaska, Hawaii, Guam and the Virgin Islands is $1,019,475. The forward mortgage loan limits apply to loans with case numbers assigned on or after January 1, 2018.
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