The CFPB names banks reporting the most overdraft fee and non-sufficient fund revenue in 2021; the bureau is examining transcript withholding as a debt collection practice; complaints relating to medical bills.
The National Association of Federally Insured Credit Unions late last week called for FHFA to raise its capital ratio requirements for nonbank mortgage lenders to 10%.
Wells Fargo layoffs hit home lending division; Black Knight launches tool to confront appraisal bias; mortgage delinquencies hit record low in March; and more...
The agency’s finalized strategic plan is almost unchanged from the draft version, despite recommendations and criticisms from mortgage industry stakeholders.
Megabanks topped the list of GSE servicers in the first quarter of 2022, but they continued to lose market share to nonbank servicers. (Includes two data charts.)
Early comments suggest widespread concern that the proposed increases in liquidity and capital requirements for GSE seller/servicers are unnecessary and maybe counterproductive.