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Regulation and Compliance
Coming Up:
Sterling Bancorp Inc. To Plead Guilty to $69M Securities Fraud
DOJ says bank’s residential mortgages were ‘rife with fraud.’
FHFA Hits Pause On Planned Fee Hike
Industry experts say GSEs should abandon the DTI fees move.
Finance of America Reports 2022 Net Loss Of $716M
Losses attributed to business lines it is vacating in 2023.
CFPB Reviewing Mortgage Loan Originator Rules
Consumer watchdog seeks public input on anti-competitive practices.
Republicans Take Aim At CFPB
Congressional Republicans say the agency is "ripe for reform"
N.Y. Attorney General Recovers $350K From Mortgage Servicer
Servis One, dba BSI Financial, failed to offer homeowners mortgage relief during the pandemic.
FHA OKs Modifying Mortgages To 40-Year Terms
Can now extend the term from 360 months to 480 months.
ICE, Black Knight Reach Deal To Sell Empower LOS
Sale intended to help ICE overcome antitrust objections to acquiring Black Knight.
MISMO Seeks Comment On Private Label RMBS Guide
The guide will facilitate the electronic exchange of mortgage asset data to credit rating agencies.
Fannie Mae Updates Selling Guide To ‘Modernize’ Appraisal Options
Appraisal management company calls it a 'win' for the industry.