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Home » Topics » Inside Mortgage Finance » Legislation

Legislation
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FCC Looks to Close ‘Lead Generator Loophole’

December 7, 2023
Sam Manas
A proposal from the Federal Communications Commission could sharply limit lead generation activity. Meanwhile, the CFPB apparently can’t do much about trigger leads and legislation in Congress hasn’t moved.
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California Clears Way for ADUs to Be Sold as Condos

October 26, 2023
Monica Hogan
Beginning in 2024 cities and counties in California can adopt ordinances to let an accessory dwelling unit be sold or conveyed separately from the primary residence.
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Grapevine: Lessons From the Non-Shutdown; 2024 Loan Limits

October 5, 2023
Brandon Ivey
Income verification services provided by the IRS could continue to operate during a government shutdown; Rocket leads the way on raising loan limits; Redfin leaves NAR.
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CFPB Working Toward Loss-Mitigation Rule

September 14, 2023
Sam Manas
The CFPB’s top mortgage priority is to finalize a rule setting new standards for loss mitigation, according to an agency official.
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Massachusetts Nonbank CRA Coverage a Model for California

August 17, 2023
Sam Manas
Consumer advocates are working to establish state Community Reinvestment Act requirements for nonbanks.
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Lenders Meh About Bill Reversing LLPA Changes

June 29, 2023
Dennis Hollier
It got 14 votes from House Democrats, but the Republican-sponsored Middle-Class Borrower Protection Act is unlikely to make it to the Senate.
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CDFIs Raise Concerns Over Delay in Certification Process

June 15, 2023
James Dohnert
Pushback of proposed certification requirements and a vacant leadership role have led to a year-long blackout on new CDFI applications.
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Debate Persists Over Changes to Upfront Fees

May 4, 2023
Dennis Hollier
Disagreements about the Federal Housing Finance Agency’s new pricing grids for Fannie Mae and Freddie Mac highlight differences between Democrats and Republicans.
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Early End to COVID Emergency Puts Servicers in a Fix

April 20, 2023
Brandon Ivey
The earlier-than-expected end of the COVID national emergency has brought additional regulatory pressure on mortgage servicers.
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Legislation May Make MIP Tax Deduction Permanent

March 16, 2023
Monica Hogan
The bipartisan Middle-Class Mortgage Insurance Premium Act was reintroduced in the House last week by Reps. Vern Buchanan, R-FL, and Jimmy Panetta, D-CA.
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