Regulation and Compliance
Coming Up:
Banking Crisis Influenced Fed Rate-Hike Decision
Minutes of March FOMC meeting reveal staff now predict a 'mild recession' starting later this year.
FTC Seeks Injunction To Halt ICE, Black Knight Deal
Files petition in federal court in California seeking a temporary restraining order and preliminary injunction.
FHA Endorsed Mortgages Declined 17% In Q1 2023
Decrease was due to a decline in both purchase and refinancing activity, driven by the rise of interest rates.
FDIC To Liquidate Securities From 2 Failed Banks
Says the face value of Signature Bank's portfolio is about $27 billion, and about $87 billion for SVB's portfolio.
CSBS Proposes Uniform State Mortgage-Licensing Standards
NMLS operator seeks public comment on proposal through May 15.
Uncle Sam Targets Pay-to-Play
Bad actors reported by financial institutions seeking level playing field
NMP
CFPB Issues Final Rule For Reporting Small Business Lending Data
The rule could affect mortgage originators who work with property investors.
MISMO Seeks Comment On Servicing Transfer Catalog
Says new tool supports a more effective and efficient servicing transfer process.
An Epic Fail in the Making?
Industry experts are wary that the FHFA’s new loan level price adjustments will do little to aid the housing affordability crisis
Mortgage Banker
Fighting An ‘Unmitigated Disaster’
MBA seeks right-size capital standards and correct loan assumption fees
Mortgage Banker