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Home » Topics » IMFnews » Regulatory

Regulatory
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GSE Shareholders Get Another Win

October 25, 2023
Dennis Hollier
A federal district court adds interest to the damages a jury awarded Fannie Mae shareholders in August.
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Federal Reserve Approves New Community Reinvestment Act Rule

October 24, 2023
Sam Manas
New rule maintains the tiered evaluation framework that exists under the current CRA rules while adding some requirements and flexibilities.
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Capital Rule Comment Period Extended

October 23, 2023
Brandon Ivey
Trade groups called on regulators to reconsider the proposal altogether...
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DOJ, Ameris Bank Settle Redlining Allegations

October 20, 2023
Sam Manas
The settlement requires Ameris to issue $7.5 million in mortgage subsidies in majority-Black and Hispanic neighborhoods.
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Short Takes: More to Come From DOJ / PrimeLending Posts Loss / AGMIT Close to Acquiring WAMC

October 20, 2023
Brandon Ivey
The DOJ has more than 24 investigations into redlining in progress.
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Compliance Still a Concern With LOs Working Remotely

October 19, 2023
Sam Manas
Standards for remote work by loan originators vary by state.
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States Settle Mortgage Payment Fiasco With ACI

October 18, 2023
Sam Manas
ACI Payments erroneously charged payments on the accounts of 480,000 mortgage holders serviced by Mr. Cooper.
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Short Takes: CRA Rule Coming Tuesday / Applications Down / Trends in Non-QM Delinquencies / Closed-End Second Securitization

October 18, 2023
Brandon Ivey
Banking regulators plan to release a final rule Oct. 24 with revisions to standards under the Community Reinvestment Act.
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FHFA Yields to Industry Criticism on Buyback Requests

October 17, 2023
Dennis Hollier
FHFA will direct the enterprises to treat loans with COVID-19 forbearance like those impacted by a natural disaster. Fannie and Freddie will also do a better job explaining buyback requirements.
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NASDAQ Tells Fintech Better.com It’s Not in Compliance With Listing Requirements

October 16, 2023
Paul Muolo
Better’s shares have been trading below $1.00 a unit for several weeks now.
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