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Home » Topics » IMFnews » Regulatory

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CFPB Chief Holding His Fire on Mortgage Enforcement

April 28, 2022
Sam Manas
Richard Horn, a former CFPB senior counsel, said the bureau has been “surprisingly quiet in terms of real actions.”
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Grapevine: Figuring Out the Fed / Dividends About to Get Squeezed?

April 28, 2022
Paul Muolo
Is the worst of the mortgage rate increases over? Hard to say. Meanwhile, publicly traded nonbanks may be forced to curtail their dividend payments to common shareholders.
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Mortgage-Related Complaints Rise Again in 1Q, 'Coop' Leads the Pack

April 27, 2022
Andras Malatinszky
When it comes to mortgage gripes registered, Wells Fargo was a distant second with 386...
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Missing in Action: The Mortgage Industry’s Recommendations Regarding FHFA's Strategic Plan

April 25, 2022
Dennis Hollier
MBA expressed reservations about FHFA’s pursuit of examination authority over nonbank servicers, efforts to ensure a level playing field and more...
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Home Lenders Temporarily Drop Tax Transcript Requirement

April 22, 2022
Brandon Ivey
Among the lenders known to have suspended the underwriting requirement are PennyMac, AmeriHome and...
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CHLA Pushes for Less Stringent GSE Eligibility Requirements

April 19, 2022
Dennis Hollier
Trade group says FHFA's reproposed rule would serve as a barrier to entry for smaller seller/servicers.
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FHA Adds 40-Year Loan Option for COVID-19 Recovery

April 19, 2022
Monica Hogan
Earlier this month, FHA issued proposed rule-making for a permanent 40-year loan option and is taking comments through May 31.
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Home Lenders Face Licensing Uncertainty as Pandemic Flexibilities Expire

April 18, 2022
Brandon Ivey
One MBA official said currently only 15 states allow for remote work permanently...
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Shut for Repairs: FHA's Loan Review System

April 18, 2022
Monica Hogan
FHA estimates access to the LRS will be restored by April 25...
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Lenders Far and Wide Slam 'Junk Fees' Rule

April 15, 2022
Sam Manas
MBA believes the proposal would "only serve to add complexity and cost to lender operations and confuse consumers"...
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