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Home » Topics » IMFnews » Regulatory

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NASDAQ Tells Fintech Better.com It’s Not in Compliance With Listing Requirements

October 16, 2023
Paul Muolo
Better’s shares have been trading below $1.00 a unit for several weeks now.
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Short Takes: CFPB and DOJ on Immigration Status / New HEI Securitization / Home Prices Up in Third Quarter

October 13, 2023
Brandon Ivey and James Dohnert
The CFPB and DOJ issued a statement on denials of credit based on an applicant's immigration status.
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CFPB Sues Freedom for HMDA Reporting Issues

October 11, 2023
Brandon Ivey
The CFPB alleges that Freedom didn't sufficiently address HMDA reporting issues following a 2019 consent order.
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Short Takes: ARM Applications Jump / CFPB Targets Fees at Big Banks / Cenlar Makes QC Hire

October 11, 2023
Brandon Ivey
Applications for ARMs increased by 15% on a weekly basis.
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Servicers Support FHA’s Face-to-Face Proposed Changes

October 10, 2023
Monica Hogan
The comment period closed last week on a July proposal from HUD.
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Short Takes: Regulators Looking for Specifics on Basel / Lenders Slightly Loosen Underwriting Standards / Non-QM Moves

October 10, 2023
Brandon Ivey and James Dohnert
In a speech Monday, Michael Barr largely defended the Basel proposal while also encouraging feedback to help with potential revisions.
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FHFA Plans Changes for Federal Home Loan Banks

October 6, 2023
Brandon Ivey
After FHFA finishes a review of the Federal Home Loan Bank system, the agency will issue at least one proposed rule with reforms.
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Supreme Court Justices Express Some Sympathy for CFPB

October 4, 2023
Brandon Ivey
Justices appointed by Republican presidents were among those who expressed some skepticism about arguments offered by the Community Financial Services Association of America.
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Reconsideration of Value: Mandatory or Optional?

October 4, 2023
Brandon Ivey
A coalition of consumer groups, including the National Consumer Law Center, recommend that lenders adopt a reconsideration of value process “as close to mandatory as possible outside a formal rule.”
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Short Takes: Supreme Court Hears MBA’s Concerns / Applications Down Again / McHenry Acting Speaker

October 4, 2023
Brandon Ivey
An amicus brief filed by the Mortgage Bankers Association and other housing industry trade groups was discussed Tuesday in the Supreme Court.
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