Short Takes: Fannie’s Appraisal Change / Businesses Seek Intervention by Congress on FTC’s Noncompete Proposal / No Layoffs at UWM / Angel Oak’s REIT Rebrands March 2, 2023 Brandon Ivey Fannie Mae is "moving away from implying that an appraisal is a default requirement."Read More
CFPB Likely to Survive Supreme Court Challenge March 1, 2023 Brandon Ivey The CFPB's funding structure may be found to be unconstitutional, but that doesn't mean that the regulator will go away...Read More
HUD Seeks Feedback on Loan Rehab Program February 28, 2023 Monica Hogan The standard 203(k) mortgage covers projects with a minimum repair cost of $5,000...Read More
FHFA Delays Rule Requiring Prior Approval of New GSE Products February 24, 2023 Dennis Hollier The rule was scheduled to go into effect Feb. 27...Read More
Banking Regulators Not Giving Ground on MSR Risk Weighting February 24, 2023 Sam Manas A Wells Fargo executive addressed the trend of banks pulling out of the servicing business...Read More
FHFA Proposes Changes to GSE Capital Rule February 23, 2023 Dennis Hollier The new rule should please critics of the fee for commingled securities.Read More
CFPB Enforcement Activity Down 61% (That's Correct) in FY22 February 22, 2023 Sam Manas The CFPB provided “conflicting data” about investigations opened in fiscal years 2014 through 2016, the attorney said...Read More
HFSC Republican Leadership Slow to Act on Housing Issues February 17, 2023 Dennis Hollier Still no sign of Republican activity on the housing finance front, despite their new majority in the House.Read More
Freddie Abruptly Postpones Earnings Release February 15, 2023 Dennis Hollier The late announcement and unexpected delay of the financial release will likely set tongues wagging in the mortgage industry.Read More
Short Takes: Applications Decline / FHA Considering Revisions to Rehab Program / CHLA Critical of ‘Duplicative’ Proposal from CFPB February 15, 2023 Brandon Ivey Rising interest rates take another bite out of loan applications.Read More
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