CFPB Shifts Position in Lawsuit Challenging Data Collection February 5, 2025 Shannon Clark Compliance deadlines with the Section 1071 data-collection rule are set to start in July but could be postponed.Read More
Consumer Complaints Filed With CFPB Double in 2024 February 4, 2025 Shannon Clark Issues relating to credit reports accounted for 86.6% of all complaints in 2024.Read More
Cenlar Ponders Warehouse Lending, MSR Finance, More February 3, 2025 Paul Muolo To its credit, the privately held Cenlar has made numerous moves to please the OCC.Read More
Savings From Fannie Title Pilot Could Reach $2B Over Time February 3, 2025 Dennis Hollier Note: The Fannie title pilot is scheduled to sunset in May 2026.Read More
Mortgage Market Cautiously Optimistic on Pulte at FHFA January 29, 2025 Dennis Hollier FHFA directors have typically been technocrats with backgrounds in housing finance or federal regulation.Read More
MBA Asks CFPB to Delay Nonbank Registry Rule January 27, 2025 Shannon Clark The trade group asks that compliance deadlines for the bureau's nonbank registry rule be postponed for at least 60 days.Read More
Lower FHA Premiums? Hah! January 27, 2025 Brandon Ivey A former GSE regulator said if the new administration isn’t willing to reduce FHA premiums, it should reset expectations for the capital ratio of the MMIF.Read More
Maryland Licensing Regulation a Major Issue for MBS January 24, 2025 James Dohnert Some non-agency MBS issuers are excluding Maryland loans from transactions due to the new regulation.Read More
Mortgage Complaints to CFPB Decline in 2024 January 23, 2025 Shannon Clark Consumers submitted 21,173 mortgage-related complaints to the CFPB last year, the lowest number since the bureau opened its door.Read More
Short Takes: Chopra Still Leading CFPB / Foreclosure Starts Spike / Newfi Invests in Business-Purpose Lender / Jumbo MBS From Citi / Expanded-Credit MBS Holding Up January 23, 2025 Brandon Ivey Trump is widely expected to replace Rohit Chopra at the CFPB, but that hasn't happened yet.Read More