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Home » Topics » IMFnews » Regulatory

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Black Lives Matter Protests Linked With Reduction in Lending Disparities

August 22, 2023
Dennis Hollier
Researchers found that the difference between the interest rates charged to Black borrowers and white borrowers narrowed significantly following BLM protests.
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Differing Opinions on GSEs' Current Pricing Scheme

August 21, 2023
Dennis Hollier
In their commentary, NAR and UI focused much of their attention on the stiff capital requirements...
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Freedom to Pay CFPB $1.75 Million for Illegal Referrals

August 18, 2023
Sam Manas
The CFPB reached settlements with Freedom Mortgage Corporation and Realty Connect, a real estate brokerage. The firms will pay a total of around $2 million for various allegations around illegal referrals.
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Cook County Loses Appeal of Lawsuit Against BofA

August 17, 2023
Brandon Ivey
According to the Supreme Court, damages for violations of the Fair Housing Act can't extend beyond the first step of the improper activity.
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Energy Efficiency Proposal a Concern for Lenders, Homebuilders

August 17, 2023
Monica Hogan
The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.
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Mortgage Lenders Support CFPB Proposal on ATR for PACE Loans

August 16, 2023
Namrata Bhatia
There's disagreement between mortgage lenders and PACE lenders on the need for ATR standards.
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Short Takes: CFPB Plots Rule on Data Brokers / An AI Guarantee / Compliance Investment by Accounting Firm

August 16, 2023
Brandon Ivey
The CFPB plans to issue a proposed rule expanding requirements for data brokers in 2024.
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UBS Settles with DOJ on Pre-2008 Claims

August 15, 2023
Brandon Ivey
The DOJ alleged that UBS misled investors in 40 non-agency MBS, violating the Financial Institutions Reform, Recovery and Enforcement Act.
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Concerns About MSRs and Capital Overblown?

August 14, 2023
Paul Muolo
"None of the 25 banks (that I know of) are remotely close to this cap," said one servicing advisor...
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Uncertainty on Timeline of New Credit Score Models

August 11, 2023
Dennis Hollier
Industry wants more time to comply with new credit score requirements.
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