The trade group said now is the wrong time to increase NMLS fees. It also criticized the proposal for the lack of justification for the changes.

When it comes to MSR sales, UWM is a frequent user, but in the first half of 2024 the company exceeded expectations. For now, its model is: Originate MSR, then sell them.

FHFA hosted a symposium on improving the relationship between the FHLBanks and CDFIs.

Mr. Cooper, which has been tapping the unsecured paper market since 2020, has done it again — this time at a relatively cheap rate of 6.5%.

The bill is more generous than its companion House legislation.

The final rule closely aligns with HUD’s July 31, 2023, proposal.

While updates to Regulation X are needed, many of the bureau’s proposed changes will create limitations or additional challenges for mortgage servicers, according to industry experts.

The regulators clarified that the final document is intended to be limited to “real estate-related financial transactions that are secured by a single 1-to-4 family residential property.”

A recent Supreme Court ruling that in-house adjudications seeking civil penalties entitle the defendant to a jury trial will have an impact on how the CFPB uses administrative proceedings.

The Office of the Comptroller of the Currency is reviewing its 2020 interpretation of preemption under the Dodd-Frank Act to see if any updates are needed, according to Acting Comptroller Michael Hsu.