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.Read More
CFPB to Focus on Clarifying Rules July 26, 2022 Sam Manas Chopra says he wants “to more clearly communicate the agency’s expectations..."Read More
FHFA Working on Fix for Commingled Securities Fee July 26, 2022 Dennis Hollier Thompson tells industry group the fix might require another change to the capital rule.Read More
Still Alive: A CFPB Registration System for Nonbanks July 22, 2022 Sam Manas The CFPB has batted around the idea of a nonbank registration system for years...Read More
New FHFA Chief Thompson Says GSEs’ Fate Up to Congress July 21, 2022 Dennis Hollier Thompson said, that like most observers, she hadn’t expected Fannie and Freddie to be in conservatorship 14 years after being taken over...Read More
CFPB Hiring Tech Experts to Boost Investigations July 20, 2022 Sam Manas The bureau expects to hire roughly 25 tech specialists over the next year or so...Read More
CFPB Clarifies: So-Called Convenience Fees Are Illegal July 19, 2022 Sam Manas The agency said collection of any fee is forbidden unless it's mentioned in the consumer’s contract or...Read More
FHFA Nods to Fintech's Role in Housing Finance, Creates a New Office July 19, 2022 Dennis Hollier The agency said it wants to foster the safe, sound and responsible use of technology in the mortgage process.Read More
Short Takes: GSE Reform on the Horizon? (Hardly) / The Mid-Terms / A Limited Life / Stress Relief for Mortgage Companies? / Buy American (Homes) July 18, 2022 Brandon Ivey and Paul Muolo Hope for legislative reform of Fannie Mae and Freddie Mac? Not really...Read More
State Regulators Set Work-From-Home Best Practices July 15, 2022 Brandon Ivey Individual states have the ability to allow or deny lenders the option of having LOs work from home...Read More