Servicers can comply with the new policies as of Oct. 1, but the mandatory compliance date was extended to Dec. 30.

"Maybe certain things would be better with a quick email ... or a text," said Sasha Hewlett, an associate vice president of secondary and capital markets at the MBA.

A pending proposal from the CFPB aims to clarify obligations imposed by the Equal Credit Opportunity Act.

The bureau found that WaFd sufficiently complied with the terms of consent orders dating to 2013 and 2020.

FHA shut down its loan review system after users reported having issues logging in.

FHA's Matt Jones said the mortgage insurer plans to take a “hard look” at energy conservation code requirements.

FHFA’s spring regulatory agenda includes plans to reverse four proposed new rules from the prior administration and five rules that have already been finalized.

While the trade group still submits formal comment letters, sometimes faster action is needed, such as a text from MBA President and CEO Bob Broeksmit to an administration official.

Even if the CFPB rescinds its LO rule, the Truth in Lending Act — the statute the LO comp rule is implementing — remains.

Analyst Jaret Seiberg called the concept of SEC action probable though "not guaranteed."