The CFPB’s settlement with Townstone included a relatively small fine for the lender and dropped allegations against the CEO.

The MBA is focusing on regulatory reforms to help reduce the cost of mortgages. There is also some hope that Congress will pass legislation addressing trigger leads.

Additional warehouse providers mean more choices for nonbank mortgage companies. But with mortgage rates headed north once again, will it matter all that much?

The Cenlar regulatory saga continues. There are rumblings of a potential sale though no known offering book.

MSR bids are currently largely rational, though a few packages sold in recent weeks at unexpected prices, according to Brian Simon, a managing director at Bungalow Funding.

Despite low volumes and hints of trouble in the multifamily space, GSE profits remain remarkably healthy.

The study found that the Biden administration’s emphasis on reducing appraisal bias has generated some positive results.

Complaints filed with the CFPB increased by 23.0% in the third quarter. And for the first nine months of the year, complaint volume nearly doubled on an annual basis, led by issues with credit reports. (Includes two data tables.)

The rule, required by the Dodd-Frank Act, will allow consumers to have greater control over their financial data.

Two trade groups representing banks filed a lawsuit the same day the CFPB released its final rule.