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Home » Topics » IMFnews » Regulatory

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ABA Calls for Changes in Redlining Enforcement

June 10, 2025
Shannon Clark
The trade group said the DOJ should limit its actions to investigations of entities that are truly engaged in intentional discrimination.
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Broad Support for Trigger Lead Bill in House

June 10, 2025
Brandon Ivey
Some 16 groups sent a letter of support ahead of a markup in the House. Those in support include the Mortgage Bankers Association and the National Consumer Law Center.
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Short Takes: OCC Holds Firm on Preemption / Solar Securitizations Downgraded / Better Hires Former FHFA Tech Leader / Angel Oak Picks Up the Pace With MBS

June 10, 2025
Brandon Ivey
The OCC said its current stance on preemption is in line with the Dodd-Frank Act and Supreme Court precedent.
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Short Takes: Ginnie Offers New Avenue on Buydowns / Democrats Frustrated With Fed’s Removal of Asset Cap on Wells / Large Expanded-Credit MBS From Ares / eHELOC Standard

June 6, 2025
Brandon Ivey
Beginning June 16, custom single-family pools in the Ginnie II program won’t be subject to the 10% concentration limit on mortgages with buydowns.
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CFPB Plans Actions on Some Major Mortgage Rules

June 5, 2025
Brandon Ivey
The CFPB indicated that it plans to rescind some provisions under the LO comp rule, along with changes to servicing standards.
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Short Takes: Bowman Confirmed in Fed Role / Pulte’s ‘Interesting’ Meetings / A&D Expands FHA Offerings / New Prime Non-Agency MBS

June 5, 2025
Brandon Ivey
The confirmation of Michelle Bowman as vice chair for supervision at the Fed could prompt the Fed to begin to make regulatory changes.
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Fed Removes Asset Cap on Wells Fargo

June 4, 2025
Brandon Ivey
The cap and other regulatory issues prompted numerous adjustments at Wells, including a retreat on mortgage lending and servicing.
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Short Takes: ‘Golden Age of Homeownership’ / Rocket Plans $4.0 Billion in Debt Offerings / Smaller Debt Offering From PennyMac REIT / Bonus for Ending Asset Cap

June 4, 2025
Brandon Ivey
The Trump administration will usher in a "Golden Age of homeownership," according to HUD Secretary Scott Turner.
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CFPB Revokes Rule Guiding States on CFPA Enforcement

May 30, 2025
Shannon Clark
The recission of the rule isn't likely to have much of an effect on state enforcement, according to industry attorneys.
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More Questions Than Answers on GSE Reform Plans

May 29, 2025
Brandon Ivey
FHFA Director Bill Pulte deferred to President Trump when asked if FHFA plans to revise capital requirements for Fannie Mae and Freddie Mac.
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