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Home » Topics » IMFnews » Regulatory

Regulatory
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CHLA Presses CFPB to Tackle Abusive Trigger Leads

July 9, 2024
Shannon Clark
CHLA provided three key priorities for the CFPB to focus on regarding trigger leads.
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CFPB Fair Lending Efforts Focus on Pricing, HMDA

July 5, 2024
Shannon Clark
The CFPB completed 28 fair lending examinations or reviews on banks and nonbanks last year.
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Short Takes: Pending Home Sales Decline / Two Rate Cuts This Year? / Fallout From SCOTUS Ruling on SEC / Biden’s Housing Plans

June 28, 2024
Brandon Ivey
Pending home sales declined by 2.1% on a monthly basis in May.
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Short Takes: New-Home Sales Decline in May / Drayne to Join HPC / Big Banks Pass Stress Test / Non-QM Impairments Decline

June 27, 2024
Brandon Ivey
New-home sales declined by 11.3% in May.
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HUD, White House Unveil PRO Housing Grantees

June 26, 2024
Monica Hogan
The grants are intended to help increase housing supply for renters and homeowners.
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Regulators Set New Standards for the Use of AVMs

June 21, 2024
Shannon Clark
The rule has been in the works for 14 years.
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Short Takes: Delinquencies Down, Prepayments Up / FHFA Seeks Input on FHLBank Affordable Housing Program / CHLA Calls for Mortgage Interest Credit / HELOCs From CMG in New MBS

June 21, 2024
Brandon Ivey
The mortgage delinquency rate declined to 3.04% as of the end of May, down from 3.09% at the end of April, according to Intercontinental Exchange.
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CFPB Issues Permanent Ban to Reverse-Mortgage Servicers

June 20, 2024
Brandon Ivey
Sutherland and NOVAD formed a servicing operation in 2014 to service HECMs on behalf of HUD.
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Trade Groups Seek Fix for Property Insurance ‘Crisis’ in CA

June 20, 2024
Brandon Ivey
The groups noted that the availability of property insurance in California is declining and prices are rising.
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Short Takes: CFPB Proposes Fine for Freedom’s HMDA Issues / Home Price Appreciation Slowing / New Expanded-Credit MBS

June 20, 2024
Brandon Ivey
The CFPB issued a proposed order that would require Freedom Mortgage to pay a $3.95 million penalty for submitting “error-riddled” data under HMDA.
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