Tagged: Compliance

CFPB’s 2026 ECOA update removes disparate impact liability — but lenders still face significant legal and regulatory risk

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

Proposed rollback of gender identity protections may ripple into FHA lending, documentation stability, and fair lending exposure

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

Commission volatility, missed deductions, and weak tax planning are catching up with mortgage professionals after April 15

As lenders adopt AI tools, understanding the risks behind the technology is more important than ever

Industry educators say inaccurate disclosures, data misuse, and bias are emerging threats for originators

Federal preemption push could simplify compliance long term, but originators must still follow existing state and federal AI laws