Regulation and Compliance

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

New population-testing technology applies lender-defined rules across selected origination and servicing records, then directs flagged files to human reviewers

Place-based market risk can produce dramatically different default outcomes among borrowers with nearly identical credit profiles

The former MBA policy executive would oversee FHA underwriting, servicing, and credit-score changes that directly affect lenders and borrowers

Plan could ease reviews of lower-risk mortgage technology while preserving lender responsibility for vendor failures