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Home » Topics » Inside Mortgage Finance » Regulation

Regulation
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Trade Group Calls for Sanctions on FICO

October 24, 2024
Dennis Hollier
CHLA lauds Democrats in Congress for urging the Biden administration to investigate Fair Isaac for anticompetitive activities.
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TD Bank Faces Asset Cap; Wells Fargo Looks Forward

October 17, 2024
Brandon Ivey
TD Bank plans to sell some of its jumbo mortgages and a correspondent business to free up asset space under a new cap set by the OCC. Wells Fargo, meanwhile, appears to be nearing a release from its cap.
Read More

DOJ Reaches its First Redlining Settlement With a Credit Union

October 17, 2024
Shannon Clark
Citadel Federal Credit Union said the alleged redlining was an inadvertent outcome from its push into digital services.
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Another Argument for Title Insurance: The Commons

October 17, 2024
Dennis Hollier
A white paper describes public land records as a “commons” that must be protected from “free riders” that have no stake in its curation.
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Massachusetts Settles With Servicer Over ‘Zombie’ Debt

October 17, 2024
Shannon Clark
The settlement between Franklin Credit Management and the Massachusetts attorney general will require the servicer to cease collecting or attempting to collect on “zombie” second liens in the state.
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Tensions Grow Between the Biden Administration and the FHLBanks

October 10, 2024
Dennis Hollier
Deputy Secretary of Treasury Wally Adeyemo hinted that the government might reduce its support of the FHLBanks if they don’t put more funds toward affordable housing.
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GSE Multifamily Business, FHLBanks Risks for FHFA

October 10, 2024
Dennis Hollier
FHFA’s watchdog highlights multifamily risk at the GSEs and FHLBank exposure to failing members as key agency hurdles.
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Insurance Companies Defend Their FHLBank Membership

October 3, 2024
Dennis Hollier
Insurance companies were some of the largest originators of mortgages when the FHLBanks were created, but that’s no longer the case.
Read More

No Immediate Impact From Changes Post NAR Settlement

October 3, 2024
James Dohnert
A majority of real estate agents surveyed said it’s business as usual following changes in how buyer’s agent commissions are paid.
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Trigger Leads Ban Bundled; Government Shutdown Averted

September 26, 2024
James Dohnert
A bill to ban trigger lead activity was rolled into an annual appropriations bill. Congress also passed a stopgap funding bill through Dec. 20.
Read More
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