Banks, Advocates Agree: Tech Firms' Payment Systems Pose Risks December 20, 2022 Sam Manas Last month, the bureau reopened public comments for 30 days...Read More
FHFA Finalizes Multifamily Housing Goals for 2023-2024 December 15, 2022 Dennis Hollier The new regulation focuses on percentages rather than absolute numbers.Read More
CFPB Proposes Nonbank Court, Agency Order Registry December 13, 2022 Sam Manas The bureau wants to publish the final orders against an offender in an online registry.Read More
Worried About VA Churn, Ginnie Makes Some Recommendations December 13, 2022 Monica Hogan To combat such “churn,” the agency is now advocating changes, including the establishment of a formal Ginnie/VA working group...Read More
Gordon Hopes FHA MIP Cut Process Won’t Drag On Too Long December 12, 2022 Monica Hogan The FHA chief hopes it doesn't turn into a "Waiting for Godot" type of situation...Read More
NYDFS Uncovers Racial Lending Disparities but No Fair Lending Law Violations December 9, 2022 Sam Manas The New York regulator has ongoing investigations into other lenders in Buffalo, Rochester, Syracuse and Long Island.Read More
Fannie Updates DU to Include Borrowers with No Credit History December 7, 2022 Dennis Hollier Despite the outreach, borrowers will still be subject to a 50% debt-to-income ratio cap...Read More
Brokers Push for Removal of GSE Cash-Out Fee December 5, 2022 Dennis Hollier NAMB also believes the timing of the increase is poor...Read More
Securities Professionals Applaud SEC Relief on Disclosure Rule December 5, 2022 Namrata Bhatia The Structured Finance Association lauded the SEC’s decision...Read More
CHLA Asks FHA, FHFA to Intervene on Costs of Credit Reports December 1, 2022 Monica Hogan Trade group President Taylor Stork said the reasoning behind the price increases have been shrouded in secrecy...Read More
RSS