Regulation and Compliance
Coming Up:
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.
Bank Associations Sue The CFPB Over Discrimination Regulations
The lawsuit claims the CFPB is exceeding its statutory authority outlined in the Dodd-Frank Act.
The Fed Would Rather Do Too Much Than Too Little In Inflation Fight
September meeting minutes show renewed resolve to continue tightening monetary policy.
FHA Wants Input On Smaller-Balance Mortgages
Agency seeks industry input as a starting point to encourage greater origination of small-balance mortgages for FHA insurance.
Government Lending Has A Strong Digital Future
Long gone are the days of 300-page files and mail requests
NMP
Appraisal Business Fears Modernizing And Newcomers
Appraisers also need to mitigate appraisal bias
NMP
R.I. Mortgage Broker Pleads Guilty To $6M Ponzi Scheme
Decade-long scheme was used to finance a lavish lifestyle.