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Fannie Cautions Lenders of Appraiser Identity Theft

January 18, 2024
Dennis Hollier
Fannie Mae has identified a significant number of appraisals conducted by unlicensed appraisers using stolen identities.
Read More

FHFA Improves CRA Assessment of FHLBank Members

January 18, 2024
Dennis Hollier
By automating its biennial review system, the FHLBank regulator has dramatically reduced the number of member institutions that are inadvertently omitted from community support reporting.
Read More

CFPB Supports FDCPA Claim Against Debt Collector

January 16, 2024
Namrata Bhatia
The Fair Debt Collection Practices Act’s prohibition on false, deceptive or misleading representations applies even if such representations are made unintentionally and unknowingly, the CFPB said in an amicus brief filed with the U.S. Court of Appeals.
Read More

CFPB Flags Issues in Student Loan Servicing Practices

January 16, 2024
Namrata Bhatia
The challenges borrowers of student loans face include long hold times on phone calls, delays in application processing and inaccurate billing statements.
Read More

FTC Fines Lead Generator $7M for Tricking Consumers

January 16, 2024
Namrata Bhatia
Response Tree allegedly operated more than 50 websites that used deception and dark patterns to trick consumers into providing personal information that was sold to telemarketers.
Read More

James Lockhart Says It’s Time to End the Conservatorship

January 12, 2024
Dennis Hollier
The former FHFA director says Congress will never act, but that the GSEs should create subsidiaries, then complete an initial public offering to get out of government control.
Read More

Smaller Lenders Wary of FHLB Reform

January 12, 2024
Dennis Hollier
Small depositories warn changes at the FHLBs could increase members’ costs and reduce access to FHLB funding. Worse, these changes could take place without formal rulemaking.
Read More

Critics Call for the Privatization of the FHLBanks

January 12, 2024
Dennis Hollier
Conservatives argue that the government subsidy of the FHLBanks doesn’t support housing and mostly benefits large banks rather than homeowners.
Read More

FHFA Reviews Comments on Tenant Protections

January 12, 2024
Dennis Hollier
Thousands of stakeholders responded to FHFA’s RFI on the prospect of the GSEs establishing tenant protections for the multifamily properties they back. Most respondents were tenants.
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FHFA Hikes LIHTC Caps for Fannie and Freddie

January 12, 2024
Dennis Hollier
The limits on Fannie’s and Freddie’s annual investment in low-income housing tax credit programs has jumped from $850 million to $1 billion each.
Read More
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