Regulation and Compliance
Coming Up:
MISMO Updates Business Glossary To Support AI, eMortgages
New definitions covering eHELOCs, remote online notarization, valuation modernization, and compliance initiatives aim to improve consistency
Underwriters Don’t Slow Down Loans. They Eliminate Uncertainty.
ndustry’s biggest bottleneck is not underwriting itself — it is the uncertainty that reaches underwriting too late in the process. When validation happens upstream, speed follows naturally.
NMP
MISMO Launches AI Governance Framework For Mortgage Lenders
New FRAME toolkit gives lenders, servicers, and technology providers a roadmap for managing AI risk while supporting innovation
CFPB Tells Lenders Immigration Status Can Factor Into ATR Analysis
CFPB frames immigration status as a potential ability-to-repay factor when future U.S.-based income is at risk
UAD 3.6 Deadline Nears; First American Earns Verification
First American's ACI Sky Workbench gains verification ahead of the Nov. 2 implementation date for the GSEs' updated appraisal reporting requirements
MISMO Introduces New Loan Boarding Standard
Wrapper Files support standardized data transfers between origination and servicing systems, with potential savings of $60 to $160 per loan
The GLBA Compliance Gap Your AI Deployment Just Opened
Old statutes, new models, and the vendor contract you signed before machine learning became operational
FHA Keeps Tri-Merge Credit Reports While Expanding Approved Scoring Models
HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting
House Passes Amended 21st Century Road To Housing Act
The House version softens a controversial provision aimed at large institutional investors
New York Cash-Home Tax Proposal Could Push Wealthy Buyers Back Into Mortgages
As all-cash deals surge nationwide, a proposed 1% levy on $1M+ purchases in NY may reshape jumbo lending, borrower strategy, and origination opportunities