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Home » Topics » IMFnews » Regulatory

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Biden Administration Proposes Rule on Automated Valuation Models

June 2, 2023
Sam Manas
Vice President Kamala Harris announced the issuance of a joint rulemaking proposal on automated valuation model use in assessing transaction collateral, as well as several other coming developments in the appraisal space.
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Nonbank Ginnie Issuers Making Progress on Capital Requirements

June 2, 2023
Monica Hogan
Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.
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Lenders Concerned by FHFA Credit Score Proposal

June 1, 2023
Brandon Ivey
Industry participants want the Federal Housing Finance Agency to delay implementation of credit score changes tied to the capital framework.
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Short Takes: State Farm Exits California / MSR Deals From Phoenix / MISMO Reference Model / FHFA Joins Disaster Mitigation Group

June 1, 2023
Sam Manas and Paul Muolo
State Farm has a 20% share of the homeowners market in the Golden State...
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OneMain Paying NY $4.25 Million for Security Failures

May 30, 2023
Sam Manas
The New York Department of Financial Services said OneMain failed to effectively manage user access privileges, improperly managed security policies for software development and failed to conduct due diligence for certain third-party vendors.
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Thompson: GSE Pricing Grids Were Outdated

May 23, 2023
Brandon Ivey
Thompson was the sole witness at a hearing by the House Financial Services Committee.
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FHFA Receives Mixed Feedback on MBS Commingle Policy

May 23, 2023
Brandon Ivey
In March, FHFA proposed adjustments to capital requirements for commingled securities held by Fannie Mae and Freddie Mac.
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In a Self-Proclaimed ‘Pugnacious’ Speech, MBA Chief Takes on Washington, Regulators

May 22, 2023
Paul Muolo
Bob Broeksmit: "Those [hard] times have now arrived."
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House Hearing Extends Debate on LLPA Changes

May 18, 2023
Brandon Ivey
Democrats largely support FHFA's recent LLPA changes, while Republicans are opposed.
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Court Sides with Ocwen in Dispute with CFPB

May 18, 2023
Sam Manas
Ocwen entered into a consent judgment with the CFPB that lasted from February 2014 to February 2017.
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