The proposal is unlikely to move forward in the Trump administration, but the draft could serve as a blueprint for state legislation.

The CFPB alleges that Rocket Homes provided real estate brokers incentives for steering homebuyers to Rocket Mortgage.

The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.

The new scorecard highlights modest changes in the regulator's priorities for the GSEs.

Lenders supported the regulator’s decision to lower some of the goals from the 2022-2024 rule.

The final rule establishes ability-to-repay requirements for Property Assessed Clean Energy loans.

Some mortgage borrowers are “being caught in a customer service doom loop,” according to the CFPB.

The Supreme Court’s decision effectively grants the CFPB authority over the ABS market.

The Mortgage Bankers Association noted some notices of violation sent by HUD’s Mortgagee Review Board seek civil monetary penalties for violations of the National Housing Act, and others mention other administrative actions.

Chris Willis, a partner at the law firm of Troutman Pepper, said the rule is “complex” and has caused a lot of “confusion and misunderstanding.”