Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
Cut FHA Premiums Now! Okay, Maybe Wait… April 4, 2022 Monica Hogan Not everyone's onboard regarding the premium cut...Read More
GSE Regulator Addresses Latinos and Conventional Loans March 31, 2022 Dennis Hollier Thompson: “We’re charging the enterprises with making sure they look at all parts of the mortgage process"...Read More
CRA Overhaul Likely to Maintain Qualitative Factors March 31, 2022 Sam Manas Some stakeholders have gripes with how qualitative factors and examiner judgments are used...Read More
Waters Seeks New Federal Agency to Regulate Appraisals March 30, 2022 Sam Manas Among other things, the bill would establish a federal database of appraisers and appraisal valuations, while strengthening penalties for discrimination...Read More
OCC Applying ‘Heightened Standards’ to Subservicing Giant Cenlar March 30, 2022 Paul Muolo This past fall, the OCC issued a consent order against Cenlar, citing “identified deficiencies” in regard to its subservicing business...Read More
CFPB Applies 'Unfairness' Standard to Lenders, Servicers March 29, 2022 Sam Manas The Bradley law firm said it’s noteworthy how the definition of unfair acts or practices has changed...Read More
Bipartisan Senate Bill Seeks Details on NFIP Pricing March 28, 2022 The Flood Insurance Pricing Transparency Act requires FEMA to disclose all the formulas used to calculate mitigation credits...Read More
CFPB Issues Warnings on Lenders Stifling Consumer Critiques March 24, 2022 Rohit Chopra: “In America, no corporation should be able to silence a customer from posting an honest review online.”Read More
White House Establishes Plan to Root Out Appraisal Discrimination March 23, 2022 Monica Hogan A senior administration official said the task force will continue its work beyond the release of the plan. In other words, more to come...Read More