Updated guidance has exempted the GSEs from state mortgage licensing requirements but non-agency market participants still need to comply with the rule by April.
Cardinal adds new non-QM products to wholesale channel; Rate launches new BPL offerings; RCN Capital acquires loan origination system technology provider.
Before he left the bureau, former CFPB Director Rohit Chopra issued guidance for states about enforcing regulation of unfair, deceptive or abusive acts or practices.
Christopher Stanley, a security engineer at SpaceX, is the first member of Elon Musk’s Department of Government Efficiency to join a GSE board.
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