Regulation and Compliance
Coming Up:
Mortgage Industry Cheers FHFA Decision To Rescind DTI-Based LLPAs
Stakeholders hopeful that agency will proactively seek greater input before proposing future changes.
Breaking News: FHFA Rescinds DTI-Based LLPAs
Federal agency said it will also issue Request for Input on the GSEs single-family pricing framework.
MISMO Seeks Comment on iLAD Update
iLAD version 2.4.0 extends the capabilities and increases the effectiveness of the dataset.
The Fed Hikes Rate For 10th Time In 14 Months
Raises federal funds rate by another 25 basis points, hints at potential pause.
Debate Over New GSE Pricing Framework Rages
GOP proposes 2 bills in Congress to repeal; Urban Institute says changes don't penalize rich to help poor.
Servicers Are Sinking Seniors
Increase in foreclosures for HECMs a troubling trend
Mortgage Banker
Capital Framework Changes Will Strike Better Balance
Altered credit conversion factor increases liquidity of uniform mortgage-backed securities
Mortgage Banker
First Republic Bank Seized, Sold To JPMorgan
FDIC estimated that the second-largest bank failure in U.S. history will cost Deposit Insurance Fund $13 billion.
CFPB Issues Rule To Facilitate Wind Down Of LIBOR
Interim final rule contains updates to reflect a new law and Federal Reserve Board regulation.
MISMO Recruiting For New Reverse Mortgage Group
The development work group will analyze and develop standards for reverse mortgages.