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It's Official: Ginnie Loosens Capital Standards for Credit Unions

August 15, 2022
Monica Hogan
Meanwhile, a senior Ginnie official said the agency will have more to say about capital requirements for nonbanks in the very near future...
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FHFA: Servicers Must Maintain Fair Housing Data

August 11, 2022
Dennis Hollier
Fannie/Freddie servicers must collect age, race, ethnicity and language preference data from borrowers.
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The Key, Perhaps, to an FHA Premium Cut: The FCRA

August 10, 2022
Monica Hogan
FHA Commissioner Julia Gordon said, “Read the Federal Credit Reform Act.”
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HUD Explores Expanding CDFI Access to Ginnie Mae

August 9, 2022
Monica Hogan
The task force is looking at administrative actions it can take to boost CDFI participation in the Ginnie Mae program...
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Cenlar Chief Tornquist Retires, Former GSE Executives Fill the Void

August 8, 2022
Paul Muolo
The press-shy, privately held vendor made headlines last fall when it was sanctioned by the OCC...
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UI: Forbearance Should Be First Loss-Mitigation Step

August 2, 2022
Brandon Ivey
The Urban Institute said pandemic-related forbearances appear to have greatly benefitted consumers.
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Court: FDCPA Can Cover TILA-Required Statements

August 2, 2022
Sam Manas
A federal appeals court recently held that mortgage servicers must comply with both the Truth in Lending Act and the Fair Debt Collection Practices Act, rejecting an argument that one cancelled out the other.
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CFPB, DOJ Settle Redlining Claims with Nonbank

July 27, 2022
Sam Manas
The lender, Pennsylvania-based Trident Mortgage Company, was accused of redlining majority-minority neighborhoods in the Philadelphia area and will pay over $22 million under the settlement.
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FHA Tackling Housing Supply Challenges

July 27, 2022
Monica Hogan
Federal Housing Administration Commissioner Julia Gordon said at a conference that her agency is looking at what options it has to boost housing supply, and hopes to use manufactured housing to help close the gap.
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CFPB to Focus on Clarifying Rules

July 26, 2022
Sam Manas
Chopra says he wants “to more clearly communicate the agency’s expectations..."
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