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Short Takes: A Good Week for Remote Online Notarization / MISMO Certifies First Two RON Products / FICO’s Resilience Index / CFPB’s New No. 2

July 9, 2020
Yemeng Yang

Remote online notary services have gained momentum during the coronavirus pandemic. This week, DocuSign announced it has acquired Liveoak Technologies...


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OIG Suggests CFPB Expand Nonbank Monitoring

July 9, 2020
Yemeng Yang

In a new report, the CFPB’s Inspector General has recommended the bureau tailor its resources to monitor institutions based on risk and expand monitoring of nonbanks.


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Has COVID-19 Permanently Changed the Mortgage Business?

July 8, 2020
Brandon Ivey
Industry insiders believe that many of the temporary measures created to deal with the coronavirus crisis will eventually be made permanent.
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CFPB and FHFA Wrestle with SCOTUS Decision

July 8, 2020
Dennis Hollier and Yemeng Yang
By ruling the CFPB single-directorship unconstitutional, the Supreme Court had set in motion a myriad of future legal and political changes for the bureau and other federal agencies, like the FHFA.
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Mortgage Industry Hits PPP Pay Dirt

July 8, 2020
Dennis Hollier
Loans to more than 1,000 mortgage-related companies are purported to have saved as many as 61,235 jobs in the industry.
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Short Takes: SCOTUS Upholds Robocall Ban / Zillow Resumes Homebuying in More Markets / Foreclosure Threat Grows / Consumer Financial Protection Week

July 7, 2020
Yemeng Yang

The Supreme Court upheld a law banning cellphone robocalls, striking down a debt-related exception created by Congress in 2015...


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Packed CFPB Rulemaking Agenda in Fall

July 7, 2020
Yemeng Yang

With the clock ticking down to the presidential election and the Supreme Court ruling the CFPB’s leadership structure unconstitutional, the bureau is rushing to check certain items off its rulemaking agenda.


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Rep. Waters Not Happy with SCOTUS Decision on the CFPB. However...

July 2, 2020
Yemeng Yang
But Waters acknowledged the ruling would make it easier for Joe Biden, if elected in November, to remove Trump’s CFPB director right away.

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FHA Publishes Quality Control Waivers in Response to the Pandemic

July 1, 2020
Maria Volkova

Lenders must conduct desk reviews of appraisals based on FHA standards...


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Ginnie Sets Restrictions Aimed at 'Strategic Buyouts' of Delinquent Mortgages

June 30, 2020
Brandon Ivey

Ginnie Mae said it is concerned that issuers could abuse buyouts and "undermine the integrity of the MBS program."


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