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Chopra’s Actions Reveal Differences on FDIC Board

December 20, 2021
Sam Manas
The usually discreet FDIC board has seen a procedural disagreement turn into news, with members of Congress weighing in. The argument is falling along partisan lines.
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CFPB Orders BNPL Firms to Produce Information

December 20, 2021
Sam Manas
Buy now, pay later offerings are embedding themselves in consumer behavior, and the CFPB has taken notice.
Read More

Other News in Brief

December 20, 2021
Sam Manas
Access Funding fined for misleading consumers; appellate court denies CFPB’s rehearing request; CFPB whistleblower webpage updated; New York attorney general eyeing servicer violations.
Read More

Rocket Set to Spend $1B-Plus for App Acquisition, Stock Suffers

December 20, 2021
Paul Muolo
Truebill also renegotiates bills on its clients’ behalf, saving them as much as 20% on services...
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Looser Underwriting Becoming a Concern in the Non-Agency Market

December 20, 2021
Brandon Ivey
Industry veteran Rudy Orman of Reliant Bank worries about lenders offering debt service coverage ratios of less than 1.
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Correspondent Channel Up in Declining FHA/VA Market

December 20, 2021
John Bancroft
Correspondent, however, is below its former glories in the government-insured market...
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MBA Lobbies for Changes to FHA Single-Family Handbook

December 20, 2021
Monica Hogan
On the wish list: a rule allowing private flood insurance on FHA loans and much more...
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Senate Confirms McCargo as Ginnie Mae President

December 17, 2021
Monica Hogan
Alanna McCargo will be the first Senate-confirmed president of Ginnie Mae since 2017.
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FHA’s Regulatory Workload Remains Significant in 2022

December 17, 2021
Monica Hogan
A rule allowing borrowers to purchase private flood insurance can be expected in February, according to HUD’s recently released agenda.
Read More

House Subcommittee Hears Tips for VA Home Loan Program

December 17, 2021
Monica Hogan
Industry stakeholders want mortgage lenders, real estate agents and Congress to work with the Department of Veterans Affairs to enhance the VA home loan program.
Read More
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