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Home » Topics » IMFnews » Regulatory

Regulatory
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CFPB Fields Renewed Requests on LO Compensation

May 12, 2023
Sam Manas
The CFPB is reviewing LO comp standards, allowing industry participants to submit feedback.
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Some Concerns as FHA Considers Adjustments for Flood Insurance

May 9, 2023
Monica Hogan
The proposed change could impact about 10,500 properties within 100-year flood plains each year.
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Short Takes: Rithm Plans to Spin Off Mortgage Unit / ABA Concerned About Short Sellers / Impac Reduces Earnings Disclosures / Blend Warned of Possible Delisting From NYSE

May 5, 2023
Brandon Ivey
Rithm owns NewRez, Caliber Home Loans and Shellpoint Mortgage Servicing, among other units.
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Short Takes: Rate Locks Slow / TD Bank-First Horizon Merger Off / Black Knight’s Margin / Annaly Stocks GSE IPLs in Non-Agency MBS

May 4, 2023
Brandon Ivey
Locks for both purchase mortgages and refinances declined.
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California Privacy Law Increased Costs for Mortgage Borrowers

May 3, 2023
Sam Manas
Academic researchers used data from the Home Mortgage Disclosure Act to examine the impact of the implementation of the California Consumer Privacy Act.
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CFPB Finds PACE Loans Prompt Increase in Mortgage Delinquencies

May 2, 2023
Brandon Ivey
The regulator issued a proposed rule to set ability-to-repay standards for PACE loans.
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The Battle Over LLPAs Continues, GOP Throws Its Marker Down

May 1, 2023
Dennis Hollier
Newly introduced legislation, if passed, would rescind FHFA's latest revisions to GSE pricing.
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Short Takes: CFPB on Old Second Liens / Plenty of Servicing Available / Garris Horn Adds Partner / Overvalued Homes

April 27, 2023
Brandon Ivey
The CFPB is aiming to prevent foreclosures tied to older second liens.
Read More

Federal Regulators Issue Warning on Use of Automated Systems

April 26, 2023
Brandon Ivey
CFPB Director Rohit Chopra cited the mortgage industry as an area of concern.
Read More

Industry Frustrated as New LLPA Structure Nears

April 24, 2023
Dennis Hollier
Industry stakeholders believe the new upfront fee changes are unworkable and penalize more qualified borrowers.
Read More
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