Automatically increasing the caps for loans to be eligible for sale to the GSEs increases access to mortgage credit, but at the expense of increasing home prices.

Lenders could increase originations of mortgages from first-time homebuyers if they did more to educate their loan officers on downpayment assistance programs.

If the $400 million unsecured debt offering is successful, might other nonbanks follow in its wake?

The appraisal industry will soon experience major updates via the GSEs’ migration to the Uniform Appraisal Dataset 3.6.

Going by Trump’s first term, the CFPB is expected to continue to regulate by enforcement, but isn’t likely to expand its jurisdiction into questionable areas.

At the end of fiscal year 2024, the CFPB had 1,758 employees, up 5% from a year earlier and up 16.9% from the end of fiscal 2020.

The bureau’s payday lending rule is set to take effect March 30, 2025, after the Fifth Circuit denied a request for a rehearing on the case.

The transaction threshold determining which nonbanks come under the bureau’s supervision has been drastically increased, to 50 million annual transactions from 5 million proposed.

If the overdraft rule is adopted as proposed, banks would materially reduce the amount of liquidity they are able to offer consumers, according to the Consumer Bankers Association.

A four-year partnership committed to expanding financial inclusion in low and moderate income, diverse and underserved neighborhoods will begin in January.