The New Hampshire Department of Transportation is working on plans to make upgrades to busy Route 1 (Lafayette Road) in Portsmouth. (Photo by Deb Cram/Seacoastonline) A number of residents showed up at a recent City Council meeting to share their concerns about the New Hampshire Department of Transportation’s Route 1…
Continue reading →HousingWireHousingWire The Federal Housing Administration (FHA) this week published a final Mortgagee Letter (ML), 2024-23, that requires lenders to report a cybersecurity breach within 36 hours of being detected. While the FHA posted a draft version of the ML online in September to seek feedback, the agency stated that the…
Continue reading →HousingWireHousingWire One week after it was granted final approval, the National Association of Realtors’ (NAR) commission lawsuit settlement agreement is facing more challenges. On Monday, settlement objector and University of Buffalo law professor Tanya Monestier filed a motion to intervene in the Sitzer/Burnett suit. And Monty March, the lead plaintiff in…
Continue reading →HousingWireHousingWire In one of its final regulatory efforts under the Biden administration, the Consumer Financial Protection Bureau (CFPB) proposed a new rule on Tuesday that aims to protect consumer financial data from misuse by limiting its sale by data brokers. The proposal has drawn criticism from industry trade groups concerned…
Continue reading →HousingWireHousingWire Global analytics software leader FICO on Tuesday announced the launch of the first-ever government-issued mortgage-backed security (MBS) with loans originated using FICO Score 10 T. The MBS pool was issued by Cardinal Financial and included loans from the U.S. Department of Veterans Affairs (VA). FICO Score 10 T utilizes…
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