Regulation and Compliance
Coming Up:
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.
A California CRA Law Undercuts Itself
Who pays when compliance costs increase? Borrowers.
California Broker
CFPB Weighs Title Insurance Changes
The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.
Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language
The overall occurrence rate for these violations has gone down, Fannie Mae reports.
Arizona Bans NTRAPS, Following Other States
ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."
Kentucky Legislature Passes Bill Banning NTRAPS
The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.
Credit’s Cookin’
Menu of borrowers to grow with new scoring system
Mortgage Banker