Companies’ boards and senior management need to “recognize the inherent risk of the HMDA process” and provide human and capital resources to it, according to the Fed.

It was originally thought that publicity generated by the consent order would cause at least some of Cenlar’s subservicing clients to switch vendors. But so far, that hasn’t happened.

Complaints submitted to the CFPB increased by 8.7% on a quarterly basis.

CFPB Director Rohit Chopra focused on the interplay between appraisal management companies and how much appraisers are paid.

The inventory of homes for sale was stronger than anticipated in October.

Federal Reserve Chair Jerome Powell said the Federal Open Market Committee will maintain a “brisk pace” of qualitative tightening.

NAR says a FEMA proposal to mandate a flood disclosure form is unnecessary and would overly burden states. 

One key element of the review addresses the FHLBanks’ role in the string of regional bank failures last spring.

CFPB Director Rohit Chopra last month pushed states to subject nonbanks to CRA coverage.

The GSEs are collaborating to create appraisal bias training for the appraiser community.