CFPB Makes Annual Threshold Adjustments Per HMDA, TILA Regulations. Late last month, the CFPB issued two final rules regarding annual threshold adjustments under the implementing regulations for the Home Mortgage Disclosure Act and the Truth in Lending Act. Under the HMDA regulation, Reg. C, the asset-size exemption for banks, savings associations and credit unions will remain at $44 million. As a result, such institutions with assets of $44 million or less as of Dec. 31, 2015, are exempt from collecting HMDA data in 2016. “An institution’s exemption from collecting data in 2016 does not affect its responsibility to report the data it was required to collect in 2015,” the CFPB said. The rule became effective Jan. 1, 2016, and applies ...

Residential lenders issued a record $435.8 billion of Ginnie Mae securities in 2015, according to Inside MBS & ABS, a handsome 47 percent increase from the prior year.

Specifically, the bureau’s notice asks for public comment on the agency’s use of resubmission error thresholds and how they should be calculated.

DR Horton’s share price is holding up fairly well, but companies such as KB Homes, Pulte and Toll Brothers are trading near their 52-week lows.

Then again, we also hear reports that the worst of the TRID mess will be over by the end of February…

The flow of new mortgages delivered to Fannie Mae and Freddie Mac declined by 19.9 percent from the third to the fourth quarter of 2015, and a larger share of them came from third-party originators, according to a new Inside Mortgage Trends analysis of mortgage-backed securities data. The two government-sponsored enterprises securitized $179.01 billion of single-family mortgages during the fourth quarter of last year. Although the biggest factor ... [Includes two data charts]

Due diligence provider American Mortgage Consultants recently purchased the like-minded JCIII & Associates for an undisclosed sum, a transaction that could be a harbinger of additional consolidation in the sector. In fact, market sources contend that eventually American Mortgage Consultants will hit the auction block too – it’s just a matter of when. According to one due diligence source, the purchase of JCIII helps AMC build “critical mass,” which will attract buyers or at least ...

It’s not too late for lenders to catch the home-equity lending wave, which has rebounded after the housing market collapse and steadily gathered strength for well over a year now, according to Sam Khater, deputy chief economist at CoreLogic. “Home-equity lending, for years the red-headed stepchild of our industry, is coming back into favor, thanks to the growth in equity that millions of American homeowners are experiencing, and the improving economy,” Khater said ...

RealtyTrac recently launched a beta version of a new tool that it hopes will become the “Carfax” of the residential home market by telling the homebuyer as well as the lender all the foibles of a residential property. The product’s official name is Home Disclosure and it promises consumers a comprehensive view of a property that they plan to buy or rent in the future. Current property owners, as well as lenders, can access the information as well. The report is broken down into ...

The legalization of marijuana has had a lucrative impact on Colorado’s economy, increasing tax receipts to the state. But housing professionals aren’t quite sure if the pot “boom” is also responsible for driving up home values. “We don’t have current statistics related to that industry,” said Kelly Moye, a spokesperson for the Colorado Association of Realtors. According to Moye, that’s partly why it’s difficult to attribute the increase in home prices to the booming weed market. But Moye notes ...