The trade group wants the CFPB to establish uniform disclosure requirements for transactions involving dual compensation.

The Appraisal Subcommittee’s second open meeting focused on how appraisal methods might introduce biases to the valuation process.

The slowdown in home lending offers companies an opportunity to bring on new vendors and change technology platforms. But does this apply to the specialized world of warehouse finance?

The Senate must now vote on the bill which would lift the federal debt limit until January 2025.

Several amicus briefs have been filed in defense of the CFPB’s funding structure in a case the Supreme Court will hear in its next term. Former and current members of Congress and academics said the bureau’s funding is consistent with historical practice.

Housing and mortgage markets could descend into chaos if bureau rules are invalidated by the Supreme Court, according to the Mortgage Bankers Association and other trade groups.

Compliance issues tied to HMDA reporting were the most common problem cited in Fed exams of banks in 2022.

In a petition filed with the CFPB, the Mortgage Bankers Association requested various changes to the Regulation X early intervention and loss-mitigation rules.

A district court held that a borrower had provided enough evidence to show subservicer LoanCare had received a qualified written response and failed to respond as required by the Real Estate Settlement Procedures Act.

Mortgage trade groups requested changes to proposed requirements for mortgage business licensing applications in a Nationwide Multistate Licensing System modernization proposal.