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Home » Topics » IMFnews » Regulatory

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Trump Issues Housing Directive, Regulatory Review

January 21, 2025
Brandon Ivey
Trump directed federal agencies to identify ways to lower the cost of housing and expand housing supply.
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Short Takes: One Last Mortgage Enforcement Action From Chopra’s CFPB / Big Banks Offer Relief in CA / Escrow Confusion / Mortgage-Related Income Down at DR Horton

January 21, 2025
Brandon Ivey
Draper & Kramer will be prohibited from residential mortgage lending activities for five years, though the CFPB noted that Draper & Kramer wound down its operations last year.
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Trump Nominates Bill Pulte for FHFA Director

January 17, 2025
Dennis Hollier
The president-elect said Bill Pulte will help “restore the American Dream for all.”
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MBS Investor Reaction a Major Factor in GSE Reform

January 17, 2025
Dennis Hollier
It would take Congressional action to create an explicit guarantee, a scenario almost no one expects to happen.
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CFPB Argues Home Equity Investments Are Subject to TILA

January 16, 2025
Shannon Clark
The regulator said in an amicus brief Wednesday that home equity investments can be considered credit and subject to Truth in Lending Act requirements.
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Short Takes: Chase Expects Small Hit From CA Wildfires / HUD Withdraws Affirmatively Furthering Fair Housing Proposal / Non-Agency MBS Flowing / Debt Offering From Redwood

January 16, 2025
Brandon Ivey
Chase expects a limited financial impact on its business from the LA-area wildfires.
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HUD, PHH Settle on Servicing Convenience Fees

January 14, 2025
Monica Hogan
HUD alleged PHH charged convenience fees in violation of FHA requirements.
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California Wildfire Damage Estimates Rise to Over $250 Billion

January 13, 2025
James Dohnert
KBRA said 24 of its rated RMBS transactions have more than 5% exposure to properties located in the counties affected by the LA fires.
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Short Takes: Turner’s Confirmation Hearing / FHA Revises Partial Claim Payoff Proposal / Real Estate Investors Eye Tariffs, Immigration / STACR Issuance From Freddie

January 10, 2025
Brandon Ivey
The nomination hearing for Scott Turner to lead HUD is scheduled for Jan. 16.
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State Regulators Fine Bayview for Cybersecurity Issues

January 9, 2025
Shannon Clark
The company allegedly failed to fully cooperate with state regulators following a data breach.
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