Regulation and Compliance
Both groups support petition to hear case, but differ on how court should rule.
The plan helps senior homeowners with FHA-insured HECMs who are behind on required property charge payments due to effects of the COVID-19 pandemic.
Update of conflict of interest rule allows individuals to serve as both MLO and real estate agent, with certain restrictions.
Final rule identifies benchmark rates based on SOFR to be used effective June 30, 2023.
The 50-basis-point hike is 7th in 2022, but target range for 2023 is still 85 basis points higher.
VP of Operations Jan Davis to serve as interim president until a permanent replacement is chosen.
Alex Ashod Dadourian convicted on 91 counts for $8 million in mortgage fraud.
In report to Congress, agency says VA loans have risen to 45% of its MBS portfolio over 10 years.
Enhancement to Desktop Underwriter system intended to support loans when borrower has no credit score.
Responds to CFPB's request for information published in September.