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Home » Topics » IMFnews » Regulatory

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NYDFS Warns Financial Services Firms Against Cyber Attacks From Iran

January 6, 2020
Paul Muolo

“The NYDFS has taken cyber security to a whole new level," said one lender. "They are hammering everyone about the risk and heavy enforcement in examinations.” 


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Trades Express Opposition to Re-Proposing GSE Capital Rule

January 3, 2020
Dennis Hollier

The CMLA and the others stressed the commitment of FHFA and Treasury to housing-finance reform should be followed by urgent action.


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Regulators Seek Comment on Credit Risk-Retention Rules

January 2, 2020
Dennis Hollier
Federal regulators have issued a request for comment on a review of credit risk-retention standards tied to the qualified mortgage “patch” and exemptions for community-focused and three- to four-unit mortgages.
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Short Takes: Freedom and RoundPoint: Waiting on the Regulators / The Advisors and the Numbers / KKR’s Stake in Mr. Cooper / MBA’s Application Survey? / A New President for AI

January 2, 2020
Paul Muolo

The Freedom-RoundPoint deal awaits regulatory approvals...


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Waiting on the SEC’s Rating Services Report

January 2, 2020
Brandon Ivey

A spokesperson for the SEC noted that while the Dodd-Frank Act requires publication of the report, there is actually no deadline for when the document has to be published.


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CFPB Finds Problems with Credit Reporting by Mortgage Servicers

December 31, 2019
Yemeng Yang

The report focuses on supervisory findings from exams the bureau conducted in the areas of consumer reporting and furnishing of information…


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The Empire State Enacts Stricter Rules for HECMs

December 31, 2019
George Brooks

The measure comes at a time of sinking fortunes for reverse mortgage originators: HECM production totaled $8.4 billion through the first nine months of 2019, a steep 27.8% drop from the comparable period a year earlier...


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What the CCPA Means for the Mortgage Industry

December 31, 2019
Yemeng Yang

In general, the CCPA allows California residents to know and access what information businesses collect on them...


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Dems Concerned About CFPB’s Advisory Opinion Plan

December 30, 2019

In September, the CFPB issued a compliance assistance policy, signaling its intent to propose an interpretive letter program “as soon as practicable,” given significant interest from stakeholders…


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No More Stress Tests for the FHLBs?

December 27, 2019
Dennis Hollier

The stress tests address potential financial performance under three economic scenarios: baseline, adverse, severely adverse.


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