Many charges in a class action against UWM were dismissed, but some Real Estate Settlement Procedures Act claims will move forward.

Relying on the Supreme Court’s direction to apply a “nuanced comparative analysis” for determining federal preemption, some lower courts are finding that the National Bank Act doesn’t preempt state laws.

MBS issuance will continue at the GSEs and Ginnie Mae amid a partial shutdown of the federal government, but some changes will be temporarily in place.

The trade group’s priorities include changes to loan originator compensation standards and a higher tax exemption on home sales.

The trade group said raising the exclusion will help "unlock supply in the housing market."

"National banks may be required to comply with a wide range of state consumer financial laws," according to lawyers at the law firm of Ballard Spahr.

The Supreme Court’s decision last year in Cantero v. Bank of America is trickling down to lawsuits in lower courts, including a decision in a case about interest on mortgage escrow accounts.

MISMO’s Mortgage Compliance Dataset will ease compliance processes for state regulators and mortgage lenders, according to mortgage industry experts.

Rocket Mortgage claims it had no authority to correct the alleged discriminatory appraisal connected to a refinance application. The lender said it expects to be vindicated.

Fewer than 3,000 people have been convicted of federal mortgage fraud over the past 12 years and most didn’t serve the maximum sentence, according to an industry researcher.