Technical problems for lenders have forced the GSEs to slow the transition to the Uniform Closing Datasets.

The mortgage industry has raised concerns over the cost implications of both the CFPB’s proposed repeat offender registry and its proposed registry of contract terms that nonbanks use to censor customers.

Both Fannie and Freddie made significant strides in meeting the objectives laid out in their 2022 equitable housing finance plans, according to progress reports released by the enterprises.

Federal banking regulators can take actions to address issues among regional banks without legislation from Congress, the Biden administration said in a statement. Bank trade groups asked for a wait-and-see approach.

In a policy statement, the CFPB explained its understanding of the Consumer Financial Protection Act’s abusive acts and practices standard.

The updated UAD is supposed to improve the accuracy and efficiency of the appraisal process, but lenders worry it will add significant costs to the mortgage process.

Industry stakeholders have welcomed the FHFA’s plan to make payment deferrals a regular part of loss mitigation. MBA suggested more standardization of workout options is in order.

The Federal Home Loan Banks should do more to fulfill their affordable housing goals, according to an industry analyst.

The economic impact of the Silicon Valley Bank collapse may serve as a substitute for future rate hikes.

The guilty plea by Sterling Bank includes $27.2 million in restitution. The DOJ said any higher amount would have put the bank out of business.