Appeals Court Revives CFPB’s Lawsuit Against Townstone July 12, 2024 Shannon Clark The case is still pending a final decision, after an appeals court overturned a district court's dismissal of the lawsuit.Read More
CFPB Issues Proposed Rule on Servicing Standards July 11, 2024 Shannon Clark The proposal has some positives and some negatives for servicers.Read More
FHA Revises Proposal on Servicing Defect Taxonomy July 11, 2024 Brandon Ivey The proposal includes six defect areas through the servicing life cycle and remedies for each defect area.Read More
Short Takes: Treasury Hosts Title Insurance Meeting / HELOC Securitization From Figure / Inflation Declines / Foreclosure Activity Slows July 11, 2024 Brandon Ivey The meeting will help the Treasury’s Federal Insurance Office as it considers policy options on title insurance.Read More
Federal Regulators Moving Toward Re-Proposal on Bank Capital July 10, 2024 Brandon Ivey The Mortgage Bankers Association applauded the Fed chair's comments revealing the plan.Read More
CHLA Presses CFPB to Tackle Abusive Trigger Leads July 9, 2024 Shannon Clark CHLA provided three key priorities for the CFPB to focus on regarding trigger leads.Read More
CFPB Fair Lending Efforts Focus on Pricing, HMDA July 5, 2024 Shannon Clark The CFPB completed 28 fair lending examinations or reviews on banks and nonbanks last year.Read More
Short Takes: Pending Home Sales Decline / Two Rate Cuts This Year? / Fallout From SCOTUS Ruling on SEC / Biden’s Housing Plans June 28, 2024 Brandon Ivey Pending home sales declined by 2.1% on a monthly basis in May.Read More
Short Takes: New-Home Sales Decline in May / Drayne to Join HPC / Big Banks Pass Stress Test / Non-QM Impairments Decline June 27, 2024 Brandon Ivey New-home sales declined by 11.3% in May.Read More
HUD, White House Unveil PRO Housing Grantees June 26, 2024 Monica Hogan The grants are intended to help increase housing supply for renters and homeowners.Read More
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