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Home » Topics » IMFnews » Regulatory

Regulatory
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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.
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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.
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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.
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FHFA to Codify Existing Fair Housing Directives

April 20, 2023
Dennis Hollier
The rulemaking process will help make current policy more durable, reducing the likelihood future administrations reverse existing fair housing regulation.
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Remote Work for MLOs Extends Beyond Pandemic

April 20, 2023
Monica Hogan
Montana will become the latest state to codify the authorization for remote work for mortgage company employees, effective July 1.
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GSEs Find Faults in SEC’s Conflict-of-Interest Proposal

April 19, 2023
Dennis Hollier
A proposed rule from the SEC could prohibit CRT issuance by the GSEs after Fannie and Freddie exit conservatorship.
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Mortgage Complaints to CFPB Up Sharply in Early 2023

April 18, 2023
Andras Malatinszky
Complaints submitted to the CFPB regarding mortgages had declined steadily throughout 2022.
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Lenders Can’t Use AI Blindly, Advocates Warn

April 18, 2023
Sam Manas
Since the passage of the Equal Credit Opportunity Act and the Fair Housing Act, financial services providers have tried to “achieve fairness through blindness,” according to Kareem Saleh, CEO of disparity-analysis firm FairPlay.
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