Amendments to the Uniform Commercial Code are making it easier to electronically originate home equity lines of credit.

Moody’s Investors Service said performance for student loan ABS is seeing issues as a result of public policy moves around student loan debt and a resumption of payments after a several-year pause.

Housing industry trade groups are getting behind bipartisan legislation in the Senate which would prohibit consumer reporting companies from selling consumers’ contact information when they apply for a mortgage.

Federal regulators discussed best practices for lenders’ redlining analysis to head off regulatory risk. Separately, Navy Federal Credit Union faces mortgage lending discrimination allegations.

The Consumer Financial Protection Bureau and Department of Justice sued a Texas land developer and a nonbank mortgage firm for allegedly targeting Hispanic consumers with false claims about land lots and churning borrowers through foreclosure cycles.

The CFPB is in the process of revising its mortgage servicing standards under Regulation X, and expects to float a proposed rule in March.

The lender argued the RESPA damages should be limited to three times the amount each borrower was overcharged for title and settlement services.

Equipment ABS and other types of corporate securitizations should hold up well, even in the face of an economic slowdown, according to projections by Moody’s Investors Service.

The Mortgage Bankers Association wants the CFPB to retain the complete/incomplete application framework in its upcoming rulemaking that would modernize its mortgage servicing rules.

The arguments before the Seventh Circuit Court of Appeals centered on whether the CFPB has the authority to extend the Equal Credit Opportunity Act’s protections to cover prospective applicants.