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House Republicans Move Bills That Have MBA Support

April 25, 2024
Brandon Ivey
The bills with endorsements from the MBA marked up by a House committee didn’t garner support from Democrats, making it unlikely that they’ll be signed into law during the Biden administration.
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Lenders Urged to Be More Lenient Following Forbearance Success

April 25, 2024
Dennis Hollier
The current loss-mitigation waterfall has dramatically reduced foreclosure liquidations, suggesting lenders could make more loans to riskier borrowers without increasing expected losses.
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Fannie CEO Addresses Climate Risk, Housing Gap

April 25, 2024
Dennis Hollier
As Fannie Mae’s CEO approaches the first anniversary of her tenure, she talks about climate change, affordable housing and the homeownership gap.
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CFPB Considering Shifting Cost Burden of Title Insurance to Lenders

April 22, 2024
Shannon Clark
A request for information is expected from the bureau as early as the end of this month.
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CFPB Updates Nonbank Supervision Procedures

April 22, 2024
Shannon Clark
According to industry attorneys, the updated rule signals that the CFPB will “increasingly encourage, and perhaps pressure, nonbanks to consent to be supervised.”
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CFPB Focusing on Fair Lending, Insurance Costs

April 22, 2024
Shannon Clark
Mark McArdle, assistant director of mortgage markets at the CFPB, discussed some of the bureau’s top priorities during a recent webinar.
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CFPB Cracks Down on FDCPA and FCRA Violations

April 22, 2024
Shannon Clark
Measures to protect consumers from violations of FDCPA and FCRA involving medical and rent collections are underway.
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House Republicans Criticize CFPB’s Funding Structure

April 22, 2024
Shannon Clark
Republicans and Democrats remain divided over whether the CFPB’s current spending and funding are constitutional.
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CFPB Encourages Illinois to Adopt Appraisal Protections

April 22, 2024
Shannon Clark
Changes to the state’s Community Reinvestment Act would further protect against discriminatory appraisals, according to the CFPB.
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CFPB, European Commission to Hold Principal-Level Talks

April 22, 2024
Shannon Clark
The two jurisdictions are continuing their partnership to share information about consumer financial protection issues and regulations.
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