Regulation and Compliance
Coming Up:
FHFA Raises Enterprises' Multifamily Loan Purchase Caps
The Federal Housing Finance Agency (FHFA) said the 2022 multifamily loan purchase caps will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.
CFPB Hits AAG With Complaint For Deceptive Marketing Of Reverse Mortgages
The Consumer Financial Protection Bureau filed a complaint and proposed consent order, which alleges that American Advisors Group (AAG) used inflated and deceptive home estimates to attract reverse mortgage consumers.
Waterstone Mortgage Names VP Of Compliance
Waterstone Mortgage Corporation named Kris Barros as the company's vice president of compliance.
Battling The ‘Giant Purple Snorklewacker’
The confirmation of Rohit Chopra as CFPB director has the mortgage industry anxious, but former MBA CEO David Stevens offers some advice: follow the rules.
The Compliance Contradiction
Staunch compliance stances often lead to contradictory actions.
MORTGAGE WOMEN
FHFA Makes Changes To Better Support Fannie & Freddie
Shakes up CSS Board, appoints former Chicago Fed CEO Feldman as interim chairman
Fannie Mae & Freddie Mac: Steady As She Goes?
With new leadership and Congress looking for new revenue, what changes are likely at the GSEs?
Mortgage Banker
Senate Confirms Rohit Chopra As CFPB Director
Ally of Sen. Elizabeth Warren survives 51-48 party-line vote to lead consumer bureau
Embattled Boston, Dallas Fed Chiefs To Resign
Stepping down early amid criticisms of personal stock trades made during the pandemic
The Fed: Tapering Could Start In November
Open Market Committee also expects to raise federal funds rate a year earlier, in 2022