FHFA announces plans to expand home buyers' access to mortgages by loosening up lending standards. Learn more about this plan to help home buyers access loans.
San Francisco's Board of Supervisors will be voting on entry into a Joint Powers Authority agreement with Richmond (CA) for the purpose of using the City's power of eminent domain to seize underwater mortgages. State and National Mortgage Bankers Associations sent letters in opposition. SAMCAR continues to monitor the matter.