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
MBA Holds Firm on FHFA Not Regulating GSE Lenders March 21, 2022 Dennis Hollier The trade group believes Congress envisioned the agency as the regulator of the enterprises, not the marketplace as a whole...Read More
Attorneys: DOJ Self-Referring Redlining Investigations March 17, 2022 Sam Manas A DOJ spokesperson declined to comment on the matter.Read More
Condo Groups Seek Delay of Fannie/Freddie Standards March 16, 2022 Dennis Hollier Industry representatives have described the new Fannie/Freddie requirements as draconian...Read More
CSBS Hopes to Avoid Another LO License Renewal Mess March 16, 2022 Sam Manas The high latency rate was due to the sheer volume of LO license renewals...Read More
Academic Study Finds TRID Prompted Lower Approval Rates March 15, 2022 Sam Manas The researchers analyzed nearly 8 million residential loan applications, both approved and denied...Read More
Mortgage Firms Put on Alert for Russian-Related Cyber Attacks March 14, 2022 Monica Hogan The Federal Reserve is in constant communications with financial institutions regarding cyberattacks...Read More
Fifth Circuit Remands Collins GSE Case to District Court March 10, 2022 Dennis Hollier The five dissenting judges were even more skeptical, arguing that a remand was unnecessary...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More
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