Regulation and Compliance

The affordability plan proposes single-file credit reports for borrowers with scores above 700, reduced GSE pricing charges, and a streamlined refinance option

Broeksmit says the compensation rule “isn’t long for this world,” but CFPB’s published agenda sets no firm timetable

What Responsible AI Actually Looks Like for Lenders

Clear Capital reports higher fees and improving appraiser productivity during a webinar with Fannie Mae, which outlined what lenders face ahead of the Nov. 2 deadline

Three years after lowering the upfront fee to reduce borrowing costs, HUD has restored the 1.5% charge as it moves the Native American home loan program toward self-sufficiency

With an announcement reportedly possible, the fight over two-bureau versus tri-merge credit reports is putting cost, borrower outcomes, and lender choice in the spotlight

Fannie and Freddie are giving some lenders more time to adopt UAD 3.6, meaning mortgage brokers may need to navigate different appraisal requirements across wholesale partners

CHLA sees new Fannie and Freddie score disclosures as a first step toward more competition, while lenders are already finding different borrower outcomes under today's models

Only 40% of smaller lenders surveyed reported ongoing AI monitoring, compared with 80% of larger lenders, as a new state examiner guide details the records regulators may request

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac