The CFPB ordered American Advisors Group to pay $1.1 million in fines and refund $173,000 to consumers who the bureau said were victims of deceptive advertising mailers. Some industry attorneys interpreted the move as a sign the bureau is tightening supervision and enforcement.

There’s no uniformity in how states are handling workplace requirements for mortgage companies during the pandemic. Industry participants are calling for the ability to work from home to be a permanent option.

The CFPB and the FHFA are no longer quasi-independent agencies insulated from the whims of the White House.

Industry groups want the Federal Deposit Insurance Corp. to specify which payments into mortgage servicing accounts would qualify for coverage.

Analysts are betting the Mutual Mortgage Insurance Fund will be healthy enough to propel the FHA to lower premiums early next year.

Remember the government’s Paycheck Protection Program? Mortgage bankers took some of the money and then posted record earnings.

The key concern among the industry is the GSEs’ reliance on loan-to-value ratios and debt-to-income ratios. They recommend Fannie and Freddie develop alternative underwriting criteria for low-income borrowers.

Once confirmed, Rohit Chopra, who is no newbie to the CFPB’s workings, is expected to waste no time getting the bureau’s rulemaking and enforcement machinery ticking.

Progressives call on Biden to pick Sandra Thompson, the first African American and the first woman to head the agency, for the top position. Not incidentally, she may also be the most qualified for the job.

The Department of Labor is developing a temporary standard that will require employers with 100 or more employees to ensure all workers are vaccinated against COVID or show a negative test at least once a week.