Regulation and Compliance
Coming Up:
Illinois Changes Property Tax Foreclosure Process To Return Surplus Equity
Borrowers can save remaining home equity after delinquent property taxes and fees are paid
CFPB Weighs Changes To TRID Timing And Mortgage Rescission Rules
The bureau is seeking feedback on whether federal disclosure requirements raise costs, delay closings or limit access to mortgage credit
CFPB Issues AI Underwriting Guidance On Adverse Action Notices
The agency says proprietary and machine-learning models do not relieve lenders of their fair lending and disclosure responsibilities
VantageScore Says 4.0 Model Could Unlock $1 Trillion In Mortgage Originations
New study says VantageScore 4.0 scores five million more creditworthy borrowers than FICO Score 10T, expanding lending opportunities as the industry prepares for the GSE credit score transition
MISMO Updates Mortgage Insurance Standards To Support FICO 10T, VantageScore 4.0
New implementation guide standardizes mortgage insurance data exchange, helping lenders, insurers and technology providers prepare systems for newer credit scoring models
Congress Weighs New Roadmap To End Fannie, Freddie Conservatorship
Rep. Scott Fitzgerald's three-bill housing package would establish a statutory framework for releasing the GSEs while expanding construction lending and easing some TRID compliance requirements
CHLA Backs Bank Capital Proposal, Questions Impact On Mortgage Lending
Trade group supports lower mortgage risk weights but says broader market forces — not capital rules — drove banks' retreat from the market
Senate Passes 21st Century ROAD To Housing Act In 85-5 Vote
Sweeping housing package heads back to House after Senate clears final version with broad bipartisan support
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