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Former FHFA Chief, HPC Not Happy With Hike in GSE Loan Limits

November 27, 2024
Paul Muolo and Brandon Ivey
The GSE loan limit for high-cost areas will increase to as much as $1,209,750 for one-unit properties in 2025.
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Basel III, Other Rulemakings Paused Until Next Administration

November 21, 2024
Shannon Clark
The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.
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Fed Examiners Find Multiple RESPA Escrow Account Violations

November 21, 2024
Shannon Clark
Bank noncompliance with RESPA remained a top issue for the Fed in 2023.
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Lenders Call on GSEs to Rescind Property Insurance Directive

November 19, 2024
Brandon Ivey
The GSEs detailed the property insurance requirements in bulletins in February, as directed by the Federal Housing Finance Agency.
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CFPB Expected to Be Busy Prior to Chopra’s Departure

November 19, 2024
Shannon Clark
While the CFPB might not move forward with rulemaking in the coming months, Director Rohit Chopra is expected to push forward with exams and advisory opinions.
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Short Takes: Forbearance Rate Increases / Home Price Appreciation Stalls / FHFA Increases GSEs’ Multifamily Cap Slightly / Scott Calls for Halt on Rulemaking, Guidance

November 19, 2024
Brandon Ivey
The share of mortgages in forbearance increased from 0.34% as of the end of September to 0.47% at the end of October, according to the Mortgage Bankers Association.
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MMIF Reading Nears 11.5%. Time to End Life-of-Loan Premiums?

November 18, 2024
Monica Hogan
The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.
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Tweaks Coming to Ginnie's New Capital Relief Rule?

November 18, 2024
Paul Muolo
One analytics official said he expects changes to be made to the capital guardrails.
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State Regulators Eyeing LO Education Compliance

November 14, 2024
Shannon Clark
CSBS is reminding MLOs of their yearly continuing education requirements in the midst of the annual renewal season.
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VA Lending Chief Says Some RE Agents Are Overcharging

November 11, 2024
Monica Hogan
It's been said that some real estate agents are charging borrowers an 8% commission upfront on their credit cards.
Read More
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