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Home » Topics » IMFnews » Regulatory

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MBA Cautions Against FSOC Designations for Nonbank Mortgage Companies

November 1, 2023
Brandon Ivey
FSOC plans to set new standards for applying a “systemically important financial institution” designation to nonbank financial companies.
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CFPB Proposal on Open Banking Excludes Mortgage Companies

November 1, 2023
Sam Manas
With the CFPB's open banking proposal, consumers would be able to connect checking, credit card, digital wallet and prepaid accounts to third-party institutions in order to access different products and services.
Read More

GSE Move to Bi-Merge Credit Score Process Faces Pushback

October 31, 2023
Dennis Hollier
Republicans in the Senate have concerns and a report from TransUnion highlighted negative impacts from the move.
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GSE Shareholders Get Another Win

October 25, 2023
Dennis Hollier
A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.
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Federal Reserve Approves New Community Reinvestment Act Rule

October 24, 2023
Sam Manas
New rule maintains the tiered evaluation framework that exists under the current CRA rules while adding some requirements and flexibilities.
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Capital Rule Comment Period Extended

October 23, 2023
Brandon Ivey
Trade groups called on regulators to reconsider the proposal altogether...
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DOJ, Ameris Bank Settle Redlining Allegations

October 20, 2023
Sam Manas
The settlement requires Ameris to issue $7.5 million in mortgage subsidies in majority-Black and Hispanic neighborhoods.
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Short Takes: More to Come From DOJ / PrimeLending Posts Loss / AGMIT Close to Acquiring WAMC

October 20, 2023
Brandon Ivey
The DOJ has more than 24 investigations into redlining in progress.
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Compliance Still a Concern With LOs Working Remotely

October 19, 2023
Sam Manas
Standards for remote work by loan originators vary by state.
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States Settle Mortgage Payment Fiasco With ACI

October 18, 2023
Sam Manas
ACI Payments erroneously charged payments on the accounts of 480,000 mortgage holders serviced by Mr. Cooper.
Read More
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