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Home » Topics » IMFnews » Regulatory

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CFPB Considers Revisions to QM Standards, Servicing Practices

October 5, 2022
Brandon Ivey
The RFI also focuses on potential changes to servicing practices...
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Ginnie Expands Loan Buyout Authority Post Ian, Fiona

October 4, 2022
Monica Hogan
Ginnie Mae early this week expanded loan buyout authority to issuers to allow them to offer financial relief to borrowers affected by the recent hurricanes Ian and Fiona.
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CFPB's Chopra Reminds That Nonbanks Remain a Key Part of His Agenda

October 4, 2022
Sam Manas
Chopra said the CFPB must be the "financial first responders" if consumers are subjected to systemic abuse...
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FHA Seeks Industry Feedback on Low-Balance Lending

October 3, 2022
Monica Hogan
FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...
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CMBS Valuation Practices Face Scrutiny in Wake of Trump Lawsuit

October 3, 2022
Brandon Ivey
The NY AG makes numerous allegations regarding property valuations, including on a loan that went into a commercial MBS.
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DOJ, Lakeland Bank Reach $13 Million Mortgage Redlining Settlement

September 30, 2022
Sam Manas
Under the settlement, the bank will invest at least $12 million in a loan subsidy fund for the affected areas...
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Appraisers Slam Fannie’s Complaints to Regulators

September 29, 2022
Dennis Hollier
Danielle Marie Evans, a Tampa-based appraiser, said her dispute with the GSE and then Florida consumed more than a year of her time.
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GOP Senators Warn CFPB's Chopra Against ‘Abuse of Power’

September 28, 2022
Sam Manas
The Republican senators are warning Chopra the CFPB is not all-powerful or unaccountable...
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MISMO Updates Progress on UMDP

September 26, 2022
Dennis Hollier
At its fall summit, the Mortgage Industry Standards Maintenance Organization summarized upcoming changes to the uniform appraisal dataset and the uniform closing dataset.
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Brokers Steamed at Fannie Mae Over TPO Fee

September 23, 2022
Dennis Hollier
The GSEs have discretion when setting prices so long as they meet minimum pricing guidance from their regulator...
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