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Pulte Zeroes in on Credit Union Regulation

September 11, 2025
Shannon Clark
FHFA Director Bill Pulte raised concerns about unidentified risks posed by credit unions to financial markets.
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Hiring by Nonbank Lenders Tepid

September 11, 2025
Paul Muolo
Nonbanks aren’t exactly in a rush to hire new workers these days even though conventional rates are the lowest they’ve been in almost a year.
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MBA Backs Subservicer in Prepayment Lawsuit Appeal

September 11, 2025
Shannon Clark
A district court had ruled in favor of the subservicer, noting that the borrower lawsuit was “no more than a billing dispute.”
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Critics Question Propriety of FHFA’s Fraud Allegations

September 4, 2025
Dennis Hollier
The Federal Housing Finance Agency, under the leadership of Bill Pulte, has made at least three criminal referrals to the DOJ about mortgage fraud, involving two Democrats.
Read More

Fed Governor Accused of Mortgage Fraud Won’t Resign

September 4, 2025
Brandon Ivey
Federal Reserve Governor Lisa Cook, in a lawsuit challenging her termination by Trump, argued that the president’s action would shatter the independence provided to the Fed.
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MBA Seeks Grace Period for NMLS Call Report Changes

September 4, 2025
Shannon Clark
The trade group said the current implementation timeline isn’t long enough for compliance with the new Mortgage Call Report requirements.
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Downpayment Assistance Availability Hits a Record

September 4, 2025
James Dohnert
Still, experts believe more can be done to educate borrowers on availability of downpayment programs.
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CFPB Scrutiny of Nonbank Companies Likely to Continue

September 4, 2025
Shannon Clark
Nonbanks’ mortgage-related activity will still qualify for CFPB supervision, even as the regulator looks to reduce its authority.
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Appeals Court Lifts Block on Mass Firings at CFPB

August 21, 2025
Shannon Clark
Even though an appeals court lifted the block preventing mass layoffs at the CFPB, a drastic reduction-in-force may not happen immediately, attorneys said.
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VA Lending Appears Insulated From Federal Staff Reductions

August 21, 2025
Emmeline Willey
The Trump administration slashed hundreds of jobs at the VA Loan Guaranty Service, but lenders say it’s not causing issues in VA lending.
Read More
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