HUD noted that over the years many lenders have moved away from a model of local origination and servicing offices to more centralized operations.

The OCC entered into a consent order with Cenlar in 2021.

The proposal could reduce banks’ participation as single-family and commercial/multifamily lenders, servicers, and providers of warehouse lines and mortgage servicing rights financing, according to the MBA.

Capital requirements for mortgages at big banks would vary based on LTV ratio.

The CFPB noted abusive practices in the mortgage market and many other sectors.

Complaints declined by nearly 30% compared with the first quarter.

A DOJ official suggests that more redlining cases are coming...

The Mortgage Bankers Association, in a comment letter, panned a Financial Stability Oversight Council proposal to revise guidelines for designating certain nonbanks as systemically important financial institutions.

Ted Tozer, Urban Institute non-resident fellow, argues that policymakers should update the FHA Modernization Act so lenders are no longer banned from providing downpayment assistance to FHA borrowers.

Banks will look to pass the expense of higher capital requirements for mortgages onto borrowers, M&T Bank's CFO noted.