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Home » Topics » IMFnews » Regulatory

Regulatory
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FHFA Faulted for Insufficient Disaster Recovery Efforts

September 27, 2024
Brandon Ivey
The inspector general found that FHFA didn’t effectively maintain contingency planning documents for its general support system.
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Short Takes: Home Price Appreciation Slows / Weak Readings for Pending Home Sales / Warren Suggests Higher Capital Requirements for NYCB / FHFA Discloses Condo Appraisal Data

September 27, 2024
Brandon Ivey
The annual home price growth rate may slow further in September, according to Intercontinental Exchange.
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FHFA Offers Concessions With Re-Proposal on Suspended Counterparties

September 26, 2024
Brandon Ivey
“After reviewing the comments and reconsidering the proposed rule’s substantive and procedural amendments, FHFA has determined that a number of material changes to the rule are necessary,” the agency said.
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Policymakers Urged to Address Housing Supply

September 24, 2024
Shannon Clark
The affordable housing crisis is linked to a lack of housing supply, MBA panelists said.
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Chopra Idea for ‘Open Banking’ With Mortgages a Tough Sell

September 24, 2024
Shannon Clark
A proposal suggested by Rohit Chopra, director of the CFPB, could be difficult to implement in the mortgage market.
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ATR Compliance Unclear at Times for Non-Agency Mortgages

September 24, 2024
Brandon Ivey
The revamped rules allowed lenders to use a wider variety of standards to meet ATR and qualified-mortgage requirements while also introducing some uncertainty on whether specific loans comply with ATR standards.
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Short Takes: Trigger Lead Bill Bundled / Ready for a Refi (When Rates Go Lower) / Sales of Existing Homes Slow / First-Time Homebuyer Share Declines

September 20, 2024
Brandon Ivey
A bill to ban trigger lead activities was included in a defense appropriations package in the Senate.
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Bank Settles With HUD, DOJ on Redlining Investigation

September 19, 2024
Shannon Clark
The New Jersey-based bank was alleged to have restricted mortgage lending services and credit access to certain neighborhoods from 2018 through at least 2022.
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Warren, Waters Seek Answers From Trade Groups on CRA Lawsuit

September 17, 2024
Brandon Ivey
“These rules must be updated, and your efforts to stop regulators from doing so is unjustified and harmful,” Sens. Elizabeth Warren and Maxine Waters wrote in a letter to the Chamber of Commerce and the American Bankers Association.
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Capital Requirement Re-Proposal to Impact Agency MBS

September 13, 2024
Dennis Hollier
Regulators will propose that large banks be required to hold capital against the unrealized gains and losses on MBS.
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