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Home » Topics » IMFnews » Regulatory

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Change Resolves CDFI Status Issues

November 2, 2023
James Dohnert
Change Lending has come to an agreement-in-principle with the CDFI Fund to regain its CDFI good-standing status.
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Short Takes: Zillow Boosts Originations / Figure Offers HELOC Tech / Sterling Bank and Trust Turns to Rocket / CHLA Seeks Streamlined Exams by States

November 2, 2023
Brandon Ivey
Zillow's production increased 35% from the second quarter.
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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.
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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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