Some industry players fear changes to how buyer agent commissions are paid will lead many Black homebuyers to forego representation.

The Federal Reserve announced a 50-basis-point reduction in the federal funds rate this week. Interest rates on mortgages have come down by more than that in recent weeks in anticipation of the Fed’s move.

More than a week after a Fed official outlined a planned re-proposal to adjust capital requirements for large banks, industry participants are still waiting for the formal document.

Private-equity firms still love MSRs, apparently. But will declining mortgage rates diminish PE demand for servicing?

Borrower demand for home equity loans is expected to continue even as interest rates decline. Meanwhile, nonbank lenders are working to compete with depository institutions for the production.

The CFPB has 30 days to amend its complaint against Loan Originator Services as part of a fair lending lawsuit filed against a Texas-based developer and lender, Colony Ridge.

Zillow will advertise on its platform a HUD campaign that seeks to create awareness of the availability of housing counseling services.

The Renewing Opportunity in the American Dream to Housing Act seeks to improve housing counseling and financial literacy programs.

Federal regulators are set to re-propose Basel III capital requirements for large banks. Federal Reserve Vice Chair Michael Barr will recommend eliminating a proposed 20% risk-weighting add-on for mortgages.

While trade groups want the CFPB to update Regulation X’s mortgage servicing standards, a recent proposal from the CFPB received mixed reviews.