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Home » Topics » IMFnews » Regulatory

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Time for Permanent Changes on Regulating LOs Working From Home?

September 17, 2020
Yemeng Yang

Several industry executives and officials from four state regulatory agencies attended the meeting on remote work flexibility.


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Calabria Touts FHFA, FHLB Responses to COVID

September 17, 2020
Dennis Hollier
Director Mark Calabria, in an industry address, said FHFA policies allowed FHLBanks to serve their countercyclical role during the pandemic.
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Consumer Groups Cry Foul on Complaint Narratives

September 16, 2020
Yemeng Yang

Consumer advocates believe the CFPB has made the complaint database less useful...


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Short Takes: Mortgage Credit Continues to Tighten / CFPB’s QM Proposal Not Enough to Help Non-Agency Market / California’s Worst Wildfires / NYDFS Issues Guidance on Mortgage Registration Fees

September 11, 2020
Yemeng Yang

Mortgage credit supply in August fell to its lowest level in six year, driven by a reduction in supply from both conventional and government segments t, according to a recent tally by the Mortgage Bankers Association.


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FHA Makes it Easier to Refinance Post-Forbearance Loans

September 11, 2020
Yemeng Yang

The FHA lowered payment history requirements for borrowers with previous forbearance to refinance their loans in order to aid the housing market. The changes are for purchase and rate-term refi loans.


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CFPB Red Flags Redlining Issues in Supervisory Activity

September 11, 2020
Yemeng Yang

The CFPB's latest supervisory highlight report demonstrated the agency's renewed interest in fair lending issues.


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Lenders Like CFPB's QM Patch Proposal, Consumer Advocates Raise Concerns

September 10, 2020
Brandon Ivey

A coalition of groups representing lenders and some consumer advocates endorsed many aspects of the CFPB's proposal to replace the QM patch.


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HUD Publishes Final Fair Lending Rule. Meaning?

September 9, 2020
Paul Muolo

The National Fair Housing Alliance called HUD’s new Preserving Community and Neighborhood Choice rule a “major step backwards in the ongoing fight for fair housing.”


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Lenders, Consumer Groups Don’t See Eye to Eye on Advisory Opinion Program

September 4, 2020
Yemeng Yang

Under the proposal, the CFPB will accept requests from third parties, such as trade associations or law firms, on behalf of unnamed financial entities.


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CFPB Sends a Message on Deceptive VA Ads. Delaware Firm the Latest to be Accused

September 4, 2020
Maria Volkova

When it comes to the VA mortgage process, the CFPB is trying to send a message on deceptive ads...


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