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Volume 3 - Number 18

September 3, 2010

FHA Was Slow in Lender Recertification Process

The FHA did not ensure that lenders submitted recertification forms in a timely manner and also delayed issuing violation notices, according to a recent report from the Department of Housing and Urban Development’s Inspector General. While the FHA agreed that its actions were lagging, the agency said...

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

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Housing Pulse

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