Between October 2019 and July of this year, USDA issued 107,283 guarantees totaling $17.8 billion. Another month remains in the agency's fiscal year.

The foreclosure moratorium, in place since mid-March, directs servicers to halt all new actions and suspend cases in progress.

Beginning Sept. 14, the FHA Catalyst platform will allow lenders to submit binders for post-endorsement review.

However, the CFPB acknowledged its analysis may not represent the full picture because credit reporting is a lagging indicator...

The CFPB has assessed $1.8 million in fines on six VA lenders for sending deceptive ads...

The proposed seasoned QM category is designed to encourage non-QM lending with additional legal certainty. But the eligibility requirements will make banks, thrifts and credit unions the main beneficiaries, or so it appears.

Of late, the CFPB has brought four enforcement actions against VA lenders for using deceptive mailers to advertise their government-backed products, assessing steep penalties. Similar regulatory actions are likely to follow.

The GSE refi fee, albeit delayed, ultimately will be passed to consumers, impacting loan pricing. Compliance and disclosure implications? Indeed.

But the scope of the proposal amended in mid-August is much narrower than the original, exempting existing state licensees, including mortgage lenders and servicers, from the California Consumer Financial Protection Law.

In particular, industry groups like the idea that third parties, including trade associations, can submit advisory opinion requests on behalf of companies, but consumer groups have their doubts.