| Inside Mortgage Finance

OCC’s CRA Final Rule Makes Mortgage Accommodations

The Office of the Comptroller of the Currency last week went it alone to finalize its Community Reinvestment Act overhaul. The final rule would restore the geographic distribution test for mortgage lending. Read More

Servicers Offering GSE Deferral Option Risk RESPA Violation

A new COVID-19 payment deferral option provided by Fannie Mae and Freddie Mac that doesn’t require borrowers to submit a complete response package may lead to violations under the CFPB’s loss-mitigation rules, attorneys cautioned. Read More

CA Legislation May Cause Disruptions, Industry Warns

New legislation, which passed the California Assembly Banking and Finance Committee last week, would create “duplicative and sometimes contradictory requirements” for the mortgage industry when viewed alongside federal rules, industry groups warned. Read More

Two Mortgage Firms Settle CFPB Charges

The CFPB resumed its public enforcement activities this month with settlements with Specialized Loan Servicing and Monster Loans. Read More

Credit Card Issuers Granted Flexibility in Billing Disputes

The CFPB recently issued guidance to provide flexibility to credit card issuers in resolving billing disputes with small businesses impacted by the coronavirus pandemic. Read More

CFPB Issues No-Action Letter Template to Servicers

Mortgage servicers can use the template to apply for a no-action letter to cover their use of Brace Software for online loss-mitigation applications. Read More

CFPB Coordinating COVID Response with Other Agencies

The CFPB and the Conference of State Bank Supervisors jointly issued a consumer relief guide detailing borrowers’ rights under the CARES Act. Read More

Guidelines on ECOA Valuation Rule

The bureau recently issued two factsheets addressing transaction coverage and appraisal delivery requirements under the Equal Credit Opportunity Act’s valuation rule. Read More

Inside the CFPB

May 26, 2020

View Archived Issues

OCC’s CRA Final Rule Makes Mortgage Accommodations

Servicers Offering GSE Deferral Option Risk RESPA Violation

CA Legislation May Cause Disruptions, Industry Warns

Two Mortgage Firms Settle CFPB Charges

Credit Card Issuers Granted Flexibility in Billing Disputes

CFPB Issues No-Action Letter Template to Servicers

CFPB Coordinating COVID Response with Other Agencies

Guidelines on ECOA Valuation Rule

Latest Imf News

Agency Jumbo Volume Holds Steady in Third Quarter

Housing Bill With Bipartisan Support Introduced in House

Fannie Mae’s MBS Holdings Increase Again in November

Trump Admin Reorients FSOC to Growth and De-Regulation

Featured Data

Non-Agency Jumbo Originations Slow in Third Quarter

Jumbo Servicing Volume Slightly Down in Third Quarter

Refis Lift Agency MBS to Three-Year High in November

Broker Channel Regains Some Share in Third Quarter

Featured Reports

Lender Profiles 2Q25: Top 25 (PDF)

GSE Repurchase Activity: Cumulative to Second Quarter 2025 (PDF Format)

Mortgage Profitability Report 2Q25 (PDF)

IMF HMDA Dashboard: 2024

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside the CFPB

May 26, 2020

Download Files:

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?