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Regulation and Compliance
Coming Up:
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.
5 Federal Agencies Propose Guidance For ROVs
Addresses reconsiderations of value (ROV) for residential real estate transactions.
Freddie Mac Adds Affordable Housing Program For Native Americans
HeritageOne will increase access to affordable mortgages for tribal members living in tribal areas.
6 Federal Agencies Seek Comment On Proposed Rule For AVMs
The rule is intended to ensure the credibility and integrity of Automated Valuation Models.
FHA Proposes New Program To Help Struggling Homeowners
Legal expert questions whether agency has authority to implement the program.
Fitch Places Fannie, Freddie On Negative Ratings Watch
Ties credit rating to outcome of U.S. debt limit negotiations.