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Home » Topics » IMFnews » Regulatory

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Short Takes: No Decision on Capital Requirements / New Version of VantageScore / Advisory M&A / More Expanded-Credit MBS

May 16, 2024
Brandon Ivey
Federal banking regulators are still grappling with whether to re-propose a rule on capital requirements for large banks or to move on to a final rule.
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Banks Reiterate Frustrations With CRA Revision Rollout

May 15, 2024
Brandon Ivey
“In short, the agencies tried to do too much,” the American Bankers Association said.
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Short Takes: HPA Expected to Slow / Locks for Purchase Mortgages Increase / Rocket Settles With HUD on Fair Lending / First-Generation Homebuyer Product

May 14, 2024
Brandon Ivey
Home price appreciation in 2024 is expected to be well below the 5.5% annual appreciation seen in 2023, according to Fitch Ratings.
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FSOC Report on Nonbanks: Trouble for Smaller Servicers?

May 13, 2024
Namrata Bhatia
During the COVID crisis, Ginnie's PTAP program was not widely used by nonbanks...
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Wide Coverage of State Prudential Standards for Nonbanks

May 7, 2024
Shannon Clark
States that have adopted the new standards effectively cover 98% of the nonbank servicing market by loan count.
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HUD Issues Guidance on Digital Advertising

May 3, 2024
Brandon Ivey
HUD cautioned that lenders could violate the Fair Housing Act by relying on decisions made by an advertising platform that uses artificial intelligence to place ads.
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Short Takes: Ocwen Selling Some MSRs / Angel Oak Selling Off Older ECMs / Non-Agency Lender Takes Slight Loss / Attorneys Form Compliance Advisor

May 3, 2024
Brandon Ivey
Ocwen received an exceptionally strong bid for some of its MSRs and opted to sell.
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FHFA, FHA Set New Standards for Reconsideration of Value

May 2, 2024
Brandon Ivey
FHFA and FHA issued new standards for reconsiderations of value.
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FHFA Final Rule Codifies Equitable Housing Finance Plans

April 30, 2024
Dennis Hollier
FHFA turns the equitable housing finance plans of the GSEs and other agency-directed fair housing activities into regulations.
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Mortgages Helped Bring Down Failed PA Bank

April 29, 2024
Brandon Ivey
At one point, Republic First’s mortgage unit focused on offering jumbo mortgages at below-market interest rates.
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