A last-minute injunction secured by consumer groups on Sunday has halted HUD’s revised disparate-impact rule, which makes it harder to prove discrimination.
Industry watchers said a blue wave would stall GSEs’ recapitalization and exit from conservatorship and likely send FHFA Director Mark Calabria packing.
The Mortgage Bankers Association and the National Association of Realtors have urged Congress to stop hiking VA loan-guarantee fees to offset the costs of non-housing programs involving veterans.
After a mixed decision in the Fifth Circuit, it’s not clear how the SCOTUS will rule — especially with the death of Justice Ruth Bader Ginsburg last week. Oral arguments are scheduled for Dec. 9.
Less than a week after it went into effect, the Centers for Disease Control and Prevention’s controversial eviction moratorium is facing a legal challenge from a landlord of a small mortgaged property.
In its first cybersecurity-related enforcement action, the New York regulator charged First American Financial with inadvertently disclosing more than 850 million personal title insurance documents.
According to Ted Tozer, former Ginnie Mae president, lenders experienced aggressive disparate-impact litigation during the previous administration, resulting in initial support for revising the disparate impact rule.
Bank of America wrote policies between 2010 and 2016 that denied mortgages and HELOCs to adults with disabilities who were under legal guardianships or conservatorships.