Regulation and Compliance
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Modern Life, Modern Loans
Stepping into the new world of valuation
Mortgage Banker
ACI Worldwide To Pay $25M Penalty For Illegally Processing Mortgage Payments
CFPB says company harmed nearly 500,000 homeowners serviced by Mr. Cooper.
MBA CEO: Regulators Should Help Stabilize Warehouse Lending
Suggests two regulatory changes to 'fine-tune' a key asset in the mortgage finance sector.
FHFA: Fannie, Freddie Prevented Nearly 60,000 Foreclosures In Q1
GSEs have helped more than 6.7 million troubled homeowners since 2008.
Chopra: CFPB Wants To Simplify Servicing Rules
In blog post, director says agency intends to streamline regulations.
Fed Chair Tells Congress To Expect More Rate Hikes
Tells House Financial Services Committee that moderate increases still needed to curb inflation.
Audit Finds Servicers, Mr. Cooper Bungled Pandemic Mortgage Relief
HUD Inspector General finds that 2/3rds of borrowers did not receive loss-mitigation assistance.
Ginnie Mae Expands Use Of E-Signatures, Remote Online Notarization
It can now be used for power of attorney (POA) mortgage documents.
The Fed Presses Pause On Rate Hikes
Federal Open Market Committee holds rate steady for the first time in more than a year.
GOP Bill To Repeal New GSE Pricing Framework Advances
Legislation would restore single-family pricing framework to what existed before May 1, 2023.