The agency’s finalized strategic plan is almost unchanged from the draft version, despite recommendations and criticisms from mortgage industry stakeholders.
Revised accounting standards for credit losses; troubles mount at Blend; MISMO updates iLAD, considers eNote standards for commercial market; MBA redesigns website, highlighting reduced content.
Government agencies and trade associations are warning the residential-finance industry to guard against the elevated risk of cyberthreats from Russian actors in the wake of that nation’s invasion of Ukraine.
In comments due last week, the Mortgage Bankers Association and the American Bankers Association weighed in on draft principles on climate-related financial risk management from the Office of the Comptroller of the Currency.
The House last week passed the Guard and Reserve GI Bill Parity Act, which would raise fees for VA home loans to help fund expanded educational assistance for servicemembers.