Regulation and Compliance
Coming Up:
Attorney Opinions Don’t Count
Title waiver pilot, unregulated title alternatives a risky game for lenders and taxpayers
NMP
FHA Enacts New Cybersecurity Reporting Requirements
FHA mortgagees experiencing a potential or actual cyberattack must notify HUD within 12 hours.
Industry Input Sought On Proposed Increases To Mortgage Licensing Fees
Conference of State Bank Supervisors seeking public comment on proposed increases
Beware Of Ownership Interest
Minimizing overlap ensures compliance with independent lender counsel
Building A Digital Bridge Between Separate Revenue Streams
Menu cloud-based technology capitalizes on the entire borrowing cycle
Mortgage Banker
Economists Less Confident Rates Will Drop Following Fed Decision
After sixth consecutive month with no change, the likelihood of cuts in 2024 feels "more out of reach."
FHFA Final Rule Released
Rule codifies equitable housing programs, GSE Plans
FDIC Announces Closure Of Republic First Bank
The Philadelphia-based lender's 32 branches will now be served by Fulton Bank
Mortgage Servicers Added To Junk-Fee Naughty List
New release from CFPB lays out areas of improvement, and concern, for mortgage servicers.
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks
With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.