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Home » Topics » IMFnews » Regulatory

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Mortgage Complaints Up Slightly in 2Q20

August 5, 2020
Yemeng Yang

Complaints regarding mortgage applications increased 25.7% in the second quarter...


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FHFA Extends Policy Allowing GSEs to Buy Loans in Forbearance

August 3, 2020
Dennis Hollier

In the announcement extending the policy, FHFA Director Mark Calabria offered a defense of the stiff surcharges, saying, “Lenders have a responsibility to ensure that borrowers can make their monthly payment.”


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Ginnie ‘Eagle’ Applications at Low Levels

August 3, 2020
Paul Muolo

The lower readings might suggest a lack of interest in FHA/VA lending but that’s hardly the case given the continued strong production numbers…


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Democratic Lawmakers Grill Kraninger Over Pandemic Response

July 31, 2020
Yemeng Yang

Democratic lawmakers called on CFPB Director Kathy Kraninger to resign.


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Industry Does U-Turn on Disparate Impact. Trades Lobby HUD

July 30, 2020
Maria Volkova

Meanwhile, the National Association of Realtors called on the agency to suspend the rule, for now...


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FHFA OIG: No One Overseeing Servicer Compliance with CARES Act

July 29, 2020
Dennis Hollier

The added cost associated with servicing a mortgage in forbearance gives servicers an incentive “not to follow the mandates of the CARES Act and implementing guidance,” investigators said.


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Senate Confirms Trump Nominee Dana Wade as FHA Commissioner

July 29, 2020
Maria Volkova

Wade takes the helm of the government’s mortgage insurer at a tumultuous time: FHA production is strong but the COVID-19-related forbearance rate on such loans are beginning to inch up as the employment picture worsens.


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Short Takes: About Those Million-Dollar Earners / Hear It and Then Cut It in Half / Rates? / BKFS on Forbearance / CHLA Addresses GSE Capital / A Promotion at Waterstone Mortgage

July 24, 2020
Paul Muolo and Dennis Hollier

Higher mortgage rates in six months? No one sees it...


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CFPB Settles With Foreclosure Relief Firm for $3M

July 24, 2020
Yemeng Yang

The CFPB said Certified Forensic Loan Auditors charged each customer $1,495 upfront prior to providing any services.


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Dems Worry About OCC’s COVID-19 Preemption

July 23, 2020
Yemeng Yang

The OCC last month issued several bulletins on federal preemption, including one on states’ foreclosure moratoria...


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