Regulation and Compliance

As regulatory scrutiny intensifies, lenders must prove AI systems are transparent, compliant, and defensible across the mortgage lifecycle

MBA backs move, warning prior policy raised construction costs and restricted financing for new homes

Proposed legislation would require banks to verify customers’ legal status, raising potential onboarding questions for lenders if enacted

Rule removes disparate impact standard, shifting focus to intentional discrimination and redefining compliance for lenders

New statute reclassifies shared appreciation agreements as mortgages, signaling broader compliance, disclosure, and investor risk shifts for lenders

Proposed legislation would require most homes to be publicly marketed, potentially increasing inventory visibility and reshaping how originators source deals

Report highlights mortgage rates, institutional investor limits, and supply-side reforms as key levers to improve affordability

Ruling clarifies that unused HECM funds are contingent assets protected under homestead law, with implications for lenders, servicers, and originators

Tighter project-review and reserve requirements drew praise for improving condo standards, yet some lenders warned the changes could raise costs

LaDonna Lockard and Jeana Lanktree break down referral rules, hidden “thing of value” traps and how LOs can compete without crossing compliance lines