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Home » Topics » IMFnews » Regulatory

Regulatory
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Short Takes: Frustration, Optimism on Trigger Leads / Planet Financial’s Debt Offering Upsized / Negative Outlook for Rocket / Rocket’s CES Securitization Slows

December 11, 2024
Brandon Ivey
Opposition from Rep. Patrick McHenry, R-NC, stalled legislation this year that would limit trigger leads.
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CFPB Data Broker Proposal Could Impact Mortgage Lending

December 10, 2024
Shannon Clark
The proposed rule will ensure protections from the Fair Credit Reporting Act apply to sensitive information, including information sold by data brokers.
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Rocket Files Lawsuit Against HUD on Appraiser Independence

December 5, 2024
Brandon Ivey
Rocket sees conflicts in government policies for appraiser independence.
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Short Takes: Planet Financial Group Plans Debt Offering / Little Demand for ARMs / Regulators Taking More Comments on Burdens / Rithm Shifts on Expanded-Credit MBS

December 4, 2024
Brandon Ivey
Fitch assigned a B rating to the planned $400 million senior unsecured debt issuance from Planet Financial Group.
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CFPB Activity Up Ahead of Change in Administration

December 3, 2024
Shannon Clark
At the end of fiscal 2024, the bureau had 1,758 employees, up 5% from a year earlier.
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Short Takes: FHA Adopts Bank-Like Cyber Reporting Requirements / CFPB Looks to Regulate Data Brokers / Bipartisan Legislation in House on AI / Expanded-Credit MBS From Invictus

December 3, 2024
Brandon Ivey
FHA’s new cyber incident reporting requirements align with those of the federal banking regulators.
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Bipartisan Caucus Protests Title Waivers

December 2, 2024
Dennis Hollier
The caucus suggested FHFA’s title pilot hasn’t been appropriately vetted.
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Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

November 27, 2024
Paul Muolo and Brandon Ivey
The GSE loan limit for high-cost areas will increase to as much as $1,209,750 for one-unit properties in 2025.
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Basel III, Other Rulemakings Paused Until Next Administration

November 21, 2024
Shannon Clark
The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.
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Fed Examiners Find Multiple RESPA Escrow Account Violations

November 21, 2024
Shannon Clark
Bank noncompliance with RESPA remained a top issue for the Fed in 2023.
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