FHFA is working on internal guidance to improve its exams of nonbank mortgage companies.

Mortgage industry policy will be subject to more swings as administrations change, according to Ed DeMarco, president of the Housing Policy Council.

The fine levied by the Department of Labor for emotional damages followed a whistleblower complaint involving PrimeLending.

“MBA objects to the bureau’s overbroad interpretation of the scope of its abusiveness authority,” wrote Pete Mills, a senior vice president of residential policy and strategic industry engagement at the MBA.

“Our review found that when all relevant factors are controlled for, which CNN did not do, the difference in approval rates between Black and White borrowers falls to less than 1%,” said Debo Adegbile, a partner at the law firm of WilmerHale who was hired by Navy Federal to complete the review.

CSBS stressed that it develops and maintains the National Multistate Licensing System required by the statutory authority of the Secure and Fair Enforcement for Mortgage Licensing Act.

CHLA asked FHFA and FHA to scrutinize employment-verification prices charged by Equifax.

The sharp increase in existing-home sales in February may just be a blip...

Now that Judge Lamberth has issued his memorandum and order, the litigants can prepare for the (inevitable?) appeal.

"Using third parties to circumvent this insurance feature creates uncertain financial risks for lenders and for Treasury Department’s ongoing financial support of the GSEs," said Edward DeMarco, president of the Housing Policy Council.