The MBA said increased competition in the credit score space could improve competition in the mortgage space “if implemented correctly.”

A judge allowed the CFPB to withdraw its amicus brief to the extent the brief discusses now-withdrawn advisory guidance but denied the bureau’s request to strike the brief from the docket.

For mortgage companies not currently subject to the BSA’s anti-money laundering reporting requirements, Fannie will implement requirements of its own.

In 2024, Ginnie MBS accounted for about 20% of large-bank investment security holdings with zero risk weight.

The trade association also offered several recommendations the CFPB should take up to provide some "flexibility" within the rule.

FHA also lowered restrictions on building in areas with flood risk.

The founders of the Brody Gapp law firm have mortgage-industry backgrounds.

FHFA's director ordered Fannie and Freddie to develop proposals for including cryptocurrency in borrower reserves when underwriting mortgages.

The Mortgage Bankers Association and the American Bankers Association separately called for the CFPB to keep an anti-evasion exception established during the pandemic to help facilitate loan modifications.

Legislation to limit trigger leads passed the House and Senate with minor differences.