Regulation and Compliance
Coming Up:
Georgia Governor Signs New Mortgage Licensing Law
Lessens impact on hiring of out-of-state employees with criminal records
10,000 NAHB Members Sign Letter To Biden Seeking Housing Market Help
The letter cites rapidly rising interest rates, rising home prices and rents, and the rising cost of lumber and building materials for significantly decreasing housing affordability.
Pending Home Sales Fall Again
Pending home sales fell for the fifth consecutive month, according to the National Association of Realtors pending home sales index.
CFPB Invokes Dormant Authority To Examine Nonbank Companies
Bureau seeking comment on updated procedures
FHA Adds 40-Year Loan Modification To Loss Mitigation Options
Joins GSEs, NCUA, & USDA in offering the option.
22 AGs Call For Eliminating Mortgage Convenience Fees
Coalition claims fees are nothing more than double payments for services.
FHA Temporarily Shuts Down Loan Review System
System was experiencing ‘various document errors’
TransUnion Sued By CFPB For Violating Decree
Federal agency alleges ongoing deceptive marketing practices
Fannie Mae Chair, CEO To Resign May 1
Board elects Wells Fargo exec Michael Heid to succeed Chairwoman Sheila Bair; President David Benson will serve as interim CEO.
How Tragedy Is Transforming Condo Project Reviews
The collapse of the Champlain Towers has forever changed the condominium market.
MORTGAGE WOMEN