However, the CFPB acknowledged its analysis may not represent the full picture because credit reporting is a lagging indicator...

The CFPB has assessed $1.8 million in fines on six VA lenders for sending deceptive ads...

That leaves the supervision of these cloud contractors up to Fannie and Freddie themselves.

If the LLPA is passed to consumers as a charge at consummation, lenders will have to disclose the added cost as an “origination charge” on the loan estimate and closing disclosure.

A California version of the CFPB? The Golden State boasts the largest mortgage market in the nation...

Higher delinquencies should lead to more Fannie/Freddie loan buybacks, but we're not there yet, thanks, in part, to forbearance...

Fannie and Freddie warn that g-fees could spike...

In the case of the GSEs, multifamily loans are not covered by the extension...

Gordon Albrecht of FCI Lender Services, the nation’s largest hard-money subservicer: "We [have been] getting a ton of requests for forbearance, but we’re a subservicer, so we have no authority to do any type of forbearance without the lender’s direction and permission.”

But there’s something else to think about here. Let’s say Democrat Joe Biden (DE) wins the White House in November. After being sworn into office, will he act swiftly to dismantle this very controversial loan-level private adjustment?...