Regulation and Compliance
Coming Up:
Fed Rate Could Be Down To 4.6% By Year's End
Inflation must hit its 2% goal for Fed to reduce rates.
New Compliance Requirements Add Challenges
Latest changes arrive at an already disruptive time in the mortgage industry
MORTGAGE WOMEN
Changes Coming For Investment Properties
Using leases to qualify will require Proof
MORTGAGE WOMEN
FCC Adopts New Rules To Close The 'Lead Generator Loophole'
Mortgage lead providers respond, saying this will "wipe out" several small and mid-tier businesses
Title Insurance Waiver Pilot Offers 'False Promises', ALTA Says
Program will not reduce consumer costs like Biden administration claims, say trade groups
Trade Associations & Lenders Stand Behind Trigger Leads Bill
Major trade associations like The MBA, NAMB, and BAC, urge action on S. 3502.
Supply And Demand Are Still Alive And Well
Treasury auctions may face weaker demand but they’re still getting done
Mortgage Banker
Allowing The ‘Dogs’ To Bark
More lenders need to know about 203(k) financing
NMP
Cost Of Ransomware Attack: $12 To $17M
loanDepot tells federal regulators that the cybersecurity incident will impact its Q1 earnings.
Appraisal Time Adjustments Are Underused
Appraisers ignoring time adjustments for local house price growth are affecting valuations
Mortgage Banker