The RFI includes a variety of questions regarding timing requirements for TRID disclosures, fee disclosure tolerance thresholds, how borrowers’ right of rescission impacts refinances and issues involving reverse mortgages.

CHLA suggested the facility be modeled after the pass-through assistance program Ginnie launched in 2020 to support servicers facing liquidity shortfalls due to pandemic-related borrower forbearances.

Two class-action lawsuits brought forward last month allege the company is trying to circumvent the Truth in Lending Act by claiming HEIs are not loans.

Home prices were up 0.3% from April, according to First American Data and Analytics.

Hometap is now offering its home equity investment product in five new states: Georgia, Montana, Tennessee, Idaho and Delaware.

Lawmakers specifically expressed concerns about the removal of a webpage translation tool that allowed users to access information in Spanish, Chinese, Vietnamese and other languages.

Housing issues that found majority support were initiatives for building homes for low-income families, programs for downpayment assistance and policies that would make it easier to build homes.

The Supreme Court ruled that the White House cannot remove Federal Reserve Governor Lisa Cook while her court challenge is pending.

Proposed legislation would codify many of the guidelines put in place by FHFA under its authority as conservator.

Council of the Federal Home Loan Banks CEO Ryan Donovan recommended several revisions to the latest Basel III Endgame proposal in a comment letter to regulators.