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Regulation and Compliance
Coming Up:
MISMO Seeks Comment On iLAD 2.3.0
The Industry Loan Application Dataset is the standard for exchanging loan application information.
HUD Eliminating Fair Housing Act Rule That Never Took Effect
Department to rescind 2020 rule that court injunction halted.
MISMO Names David Coleman As President
Coleman has more than 25 years of mortgage industry experience.
loanDepot Withdraws $225M from Signature Bank
Still locked into a $300M mortgage servicing rights contract.
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.