The National Community Reinvestment Coalition and five fintechs have asked the CFPB to issue an interpretive rule on best practices in collecting borrowers’ demographic data to monitor their underwriting in context of fair lending.

The CFPB pilots supervision on overdrafts, NSF fees; bureau terminates Payactiv’s sandbox order; the bureau is taking applications for advisory committees; CFPB analyzes impacts of credit card limit decreases; Chopra votes for FDIC deposit insurance fund premium hikes; bureau finalizes human trafficking credit reporting rule.

At the direction of the FHFA, the GSEs significantly increased LLPAs for high-balance and second-home loans starting with April deliveries.

Credit concerns are not yet a problem, or much of a concern, in the mortgage industry...

States also can enact laws governing whether information related to eviction or rental arrears appear on credit reports.

More importantly, the inaccurate credit scores won’t render the loans ineligible for purchase.

A matter of when on FHA premiums?

FGMC's list of creditors reads like a Who’s Who of Wall Street finance: Daiwa Capital, Deutsche Bank, Jefferies Capital and Morgan Stanley, to name a few...

The new fee was roundly criticized by MBS investors...

Total FHA/VA lending by the group shrank 21.8% to $78.03 billion.