Regulation and Compliance
Coming Up:
James Brody, Esq. Now Owner Of New, National Compliance, Litigation Law Firm
JW Brody | Compliance & Litigation to serve IMBs, mortgage brokers, depositories, credit unions, and fintechs
DOJ Opens Criminal Investigation Into NY AG Letitia James Over Mortgage Fraud Claims
Investigation follows April referral by FHFA Director Bill Pulte; potential charges include wire, mail, and bank fraud
Federal Layoffs Help Drive Record 25% Surge In D.C. Housing Inventory
Cuts at mortgage, housing-related agencies help spur government employee exodus from the nation’s capital
Undocumented, But Not Unmortgageable
As immigration enforcement intensifies, lenders must decide if ITIN mortgages are too risky — or too valuable to ignore
NMP
Freddie Mac’s Net Income Up By $28M To $2.8B For Q1 2025
GSE sees chance to ‘strip away unnecessary bureaucracy and eliminate non-essential activities’ to drive tech investments, lower origination costs
What The CFPB’s 2025 Priorities Memo Means For Lenders
As mass layoffs at the agency are paused, law firm Garris Horn’s Senior Partner calls memo’s info, detail a ‘huge win’
CFPB Changes Course, Reportedly Chops Down Staff
Consumer finance watchdog’s headcount reportedly at about 12% as internal memo calls for focus on mortgages, big banks
FHFA Refers NY AG Letitia James To Justice Department For Alleged Mortgage Fraud
Agency claims James falsified documents and records to obtain lower mortgage rates
CFPB Re-Emerges, Offers Regulatory Relief For Certain Small Loan Providers
CHLA calls relief from registration reg a win for small independent mortgage banks
MBA Renews Its Fight Against Trigger Leads
The 'Homebuyers Privacy Protection Act' greets the U.S. House and Senate once again