The American Association of Residential Mortgage Regulators’ best practices highlight issues state regulators should consider when approving a permanent work-from-home option for LOs employed by nonbanks.

GSE third-party service providers increasingly have their own third parties that could also pose a risk to the enterprises.

The U.S. Chamber of Commerce said the multi-pronged assault on CFPB Director Rohit Chopra is an attempt to make rulemaking more predictable and halt the surprising actions and aggressive rhetoric.

Federal regulators have several mortgage-related regulatory revisions in the works, including standards for qualified mortgages and membership at the Federal Home Loan Banks.

The FHLBanks eked out a tiny profit in 2021, while net income at Fannie and Freddie soared.

Both Fannie Mae and Freddie Mac plan to base much of their equitable housing finance efforts on existing pilot programs.

The Community Home Lenders Association has raised concerns that an entity with dominant market position could engage in anti-competitive behavior.

Wells Fargo is in the process of changing where residential loans fit into the bank’s overall business. The company’s CEO cited GSE mortgages as a product that presents risk to the bank.

Fannie Mae and Freddie Mac are leaning on special purpose credit programs to offer better access to housing finance for Black and Latino borrowers.

Freddie researchers find extensive overlap between manufactured home-friendly localities and mortgage-ready residents.