MCT Says It's the First to Integrate with Freddie Mac’s Income Limits API Mortgage Capital Trading, Inc. (MCT®), a mortgage hedge advisory and secondary marketing software firm, announced it is the first secondary marketing platform to integrate with Freddie Mac’s Income Limits application programming interface (API) created for the first-time home buyer area median income (AMI) limits.

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CFPB Updates Mortgage Servicing Examination Procedures

The Consumer Financial Protection Bureau has released updates to its mortgage servicing examination procedures. So reports Consumer Financial Services Law Monitor.

CFPBAccording to the blog, the most important change concerns how examiners conduct a disparate impact analysis in loss mitigation program reviews.

Among other updates are streamlined loss mitigation options that would extend the COVID-19 flexibilities in the CFPB’s mortgage servicing rules.

Read the full article from Consumer Financial Services Law Monitor.

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