Regulation and Compliance
Coming Up:
CFPB Asks Supreme Court To Rule On Its Constitutionality
Petition filed less than a month after lower court ruled its funding method method is unconstitutional.
FHFA Sets 2023 Multifamily Loan Purchase Caps
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
MISMO Seeks Member Comment On New BWIC Dataset
BWIC dataset allows mortgage originators and dealers to automate the bidding process for mortgage-backed-securities.
Fannie Mae: FGMC Taking 'License' With Asset Sale
GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.
Announcements Galore at MBA Meet
FHFA, Ginnie Mae make news at association's annual conference.
Appeals Court Rules CFPB Funding Unconstitutional
Not the first time a court has ruled the bureau violates the Constitution.
Zillow Sued For Alleged Wiretapping
It’s not what you think – it involves consumers and keystrokes.
Mortgage Banker
FHA Proposes Annual Increase For Title I Manufactured Home Loan Limits
Seeking public comment on a rule that would set a methodology for regularly adjusting the limits.
Freddie Mac To Include Cash-Flow Data In Underwriting
Says industry-first capability will help lenders qualify more first-time and underserved borrowers.
Federal Agencies Announce Threshold for Smaller Loan Exemption
The 2023 threshold will involve exempting loans from special appraisal requirements for higher-priced mortgage loans.