Regulation and Compliance
Coming Up:
Fannie Mae Settles Fair Housing Lawsuit for $53M
Agreement with coalition of fair housing organizations compensates for unequal treatment of REO properties in minority communities.
When Will Then Be Now? March
With inflation at 5.7% in 2021, the Fed indicates a rate hike is coming ‘soon’, most likely during its meeting March 15-16.
Markets Anxious As Fed Opens 2-Day Meeting
Investors, mortgage brokers & bankers await latest policy statement on fighting inflation
Ginnie Mae Streamlines FHA Advanced Loan Modification program
Documentation changes eliminate requirements for recordation and title insurance.
'A Long Road To Normal'
Nominated again to lead The Fed, Powell tells Senate committee to expect three rate hikes, but 'if we have to raise interest rates more over time, we will.'
CFPB: Complaint Response Worsens At Big 3 Credit Bureaus
Report claims Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors.
The Fed Names Chairs, Deputy Chairs For 12 Reserve Banks
In recent years, the Federal Reserve System has worked to increase the overall diversity of the Reserve Bank and branch boards of directors and continues to build on those efforts.
The Fed: Rate Hike Likely Coming in June
Federal Open Market Committee's December minutes reveal discussion of first hike in federal funds rate in 2Q of 2022, as well as of ending asset purchases by March.
AARMR No Protection For Savanah Scares
Conference provides opportunity for regulators to interact, discuss common topics
Mortgage Banker
McCargo Sworn In As Ginnie Mae President
Former HUD official becomes the first female to lead the Government National Mortgage Association.