The Mortgage Bankers Association and a local trade group said imposing Community Reinvestment Act requirements on nonbanks isn’t the way to address the barriers to homeownership.

CSBS staff to assist implementation of MCR Version 7; CSBS declines extending MCR V7 implementation; federal bankruptcy court revises mortgage rule; federal court declines appeal of CFPB judgment.

JPMorgan Chase, Citi and Morgan Stanley are among the banks whose client data may have been exposed.

The CFPB is seeking to make changes to disparate impact and special purpose credit programs. The regulator also notified a federal court that it will run out of funding in early 2026.

The nomination of Stuart Levenbach helps keep Russell Vought as the acting director of the CFPB.

The Structured Finance Association applauded the senators' efforts.

Rice Park says the "strategic" acquisition expands its capabilities across the mortgage value chain.

A letter last week from Senate Republicans bolstered the Structured Finance Association’s push for banking regulators to reassess the punitive weighting of the p-factor in securitization as part of a planned re-proposal of the Basel Endgame rule.

Overall, fair housing complaints increased in 2024, though complaints tied to real estate sales and mortgage lending declined.

CEO Vishal Garg says Better continues to anticipate break-even by the end of the third quarter of 2026.