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Home » Topics » IMFnews » Regulatory

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HFSC Chair Considered Pragmatic, Affable Despite Rhetoric

February 14, 2023
Dennis Hollier
After years spent in opposition, House Financial Services Committee Chair Patrick McHenry, R-NC, has used recent hearings to criticize various housing policies brought under Democrats.
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Non-QM Program, Three Years Dead, Haunts Sterling Bank

February 14, 2023
Brandon Ivey
Investigations by the Department of Justice and Securities and Exchange Commission linger over Sterling Bank & Trust's non-QM program closed in 2019.
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Hsieh's Latest Revelation: I Was Fired by the loanDepot Board

February 9, 2023
Paul Muolo
loanDepot insiders have been dumping their stock in the lender. But not Hsieh.
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A Huge YOY Spike in CFPB Complaints

February 7, 2023
Sam Manas
On an annual basis, the increase in gripes regarding credit reporting are even more imposing.
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Dismissed: The CFPB's First Redlining Lawsuit Against a Nonbank

February 6, 2023
Sam Manas
Townstone argued that the ECOA’s prohibitions on discrimination against applicants don’t apply to prospective applicants.
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MBA Chief Broeksmit: LLPA Grids are Complicated, Complex

February 3, 2023
Dennis Hollier
The new pricing grids from FHFA boast 216 "cells"...
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Ginnie SVP Has a Sympathetic Ear for Struggling Nonbanks

February 2, 2023
Brandon Ivey
The Ginnie SVP said the agency has "lots of love" for IMBs...
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CDFI Proposal Could Impact Non-Agency Players

January 31, 2023
Brandon Ivey
CDFIs, for now, are exempt from the CFPB's ability-to-repay requirements.
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CFPB Stresses the Need to Keep Borrowers in Their Homes

January 25, 2023
Sam Manas
The bureau expects servicers to keep using “all the tools" at their disposal...
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CFPB Proposes More Regulatory Hoops for Nonbanks

January 20, 2023
Sam Manas
Form contracts are used in multiple transactions by nonbanks, a company category that also encompasses servicers and mortgage brokers.
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