Regulation and Compliance
Coming Up:
The Loan Limits Changed: So What?
Stability gets added to the housing market
Mortgage Banker
CFPB Slaps Bank Of America With $12 Million Penalty For False Mortgage Data Reporting
For at least four years, hundreds of Bank of America loan officers failed to ask mortgage applicants certain demographic questions.
Rising Home Values Propel Higher Loan Limits
FHFA Announces 5.6% Increase in Conforming Loan Limits for 2024
NMLS — Then, Now, And To Come
Leaders reminisce, plan, and dream about the regulatory group on its 15th birthday
NMP
Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict
Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.
ADUs Can Now Be Sold Separately In California
‘Backyard revolution’ opens up the affordable housing market.
Cracking The Crackdown
How to eliminate and prevent ‘junk’ fees to avoid penalties
Mortgage Banker
Mortgage Malaise: CFPB Report Reveals Steep Originations Drop, Rising Borrower Costs
Increased fees, soaring monthly payments, and growing approval disparities unsettle the housing market; CFPB eyes regulatory tweaks.
CFPB Unveils Plan To Remove Medical Debt From Credit Reports
Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods.
Turning The GSEs’ Repurchase Policies Into Opportunity
Lenders selling to Fannie and Freddie have to take swift action and enact robust strategies to mitigate risk
MORTGAGE WOMEN