Consumer advocates have urged the bureau to increase the safe-harbor QM threshold for first liens to a rate spread of 200 basis points.

The decrease stems solely from servicers buying delinquent loans out of Ginnie Mae MBS pools.

Veteran millennials accounted for 46.0% of VA purchase loans and 23.6% of refi loans so far this fiscal year.

1st Tribal was selected for the audit because it’s the largest player among Section 184 program lenders.

Collateralized loan obligations tied to commercial real estate are faring well thanks to the sector’s limited exposure to the lodging industry.

But regulators are concerned about their ability to identify violations and a reduction in an important source of state revenue — branch licensing fees.

The mortgage data provider said the sweetened offer of $66 a share is still significantly low. The vendor also refused a request for due diligence from the investor group.

Many participants have suggested the CFPB increase the safe harbor qualified-mortgage threshold to ensure borrowers are not arbitrarily left with only FHA-insured options.

The regulator’s supervisory highlights report has identified violations of fair lending laws for the first time since September 2017, indicating a renewed interest in the issue.

The CFPB warned of market disruption if its past actions — which have led to numerous regulations governing the mortgage industry — are open to new interpretations.