A group of Republican senators, mostly from the Senate Banking Committee, sent a letter to federal agencies urging them to continue to relax banking regulations.
MBA Offers FTC Recommendations on Safeguarding Customer Information
In the wake of yet another high-profile data security breach, this time involving Capital One, the Mortgage Bankers Association this week sent a letter to the Federal Trade Commission offering recommendations on a proposed rulemaking on standards for safeguarding customer information.
CFPB Extends Comment Period for Debt Collection Proposal
The Consumer Financial Protection Bureau announced Friday it extended the comment period by 30 days on its Notice of Proposed Rulemaking implementing the Fair Debt Collection Practices Act.
New Coastal Homes Raise Flood Risks
An analysis by Climate Central, Princeton, N.J., and Zillow, Seattle, shows nearly 20,000 homes built in the past decade are at significant risk of chronic coastal flooding by 2050.
J.D. Power: Primary Loan Services Have Trust Issues with Customers
J.D. Power, Costa Mesa, Calif., said mortgage servicers havesome of the lowest customer service rankings in 2018 among service industries.
MBA Regulatory Compliance Conference 2019 in Washington Sept. 22-24
The Mortgage Bankers Association's annual Regulatory Compliance Conference takes place Sept. 22-24 at the Grand Hyatt in Washington, D.C.
MBA Risk Management, QA and Fraud Prevention Forum in Chicago Sept. 15-17
The Mortgage Bankers Association's Risk Management, QA and Fraud Prevention Forum takes place Sept. 15-17 at the Sheraton Grand Chicago.
MBA Education Advanced Risk Management Concepts Workshop in Chicago Sept. 15
MBA Education presents a special edition of its Advanced Risk Management Concepts Workshop on Sunday, Sept. 15 in conjunction with the MBA Risk Management, Quality Assurance and Fraud Prevention Forum in Chicago.
MBA Education/Compliance Essentials Managing the Risks of CFPB and State Examinations Sept. 15
MBA Education and Compliance Essentials present a workshop, Managing the Risks of CFPB and State Examinations, on Sunday, Sept. 15 at the Sheraton Grand Chicago, in conjunction with the MBA Risk Management, QA and Fraud Prevention Summit.
Lenders Dread Prospect of Fannie, Freddie Losing CFPB Exemption
National Mortgage News, Aug. 2, 2019--Kate Berry (subscription)
As Mortgage-Interest Deduction Vanishes, Housing Market Offers a Shrug
New York Times, Aug. 4, 2019--Jim Tankersley, Ben Casselman
HUD Plan Would Raise Bar for Claims of Fair Lending Abuse
National Mortgage News, July 31, 2019--Hannah Lang (subscription)
HUD Loan Sale Program Puts Consumers in Harm's Way: GAO
National Mortgage News, Aug. 2, 2019--Elina Tarkazikis (subscription)
Ginnie Mae Takes Steps to Squash VA Loan Churning
HousingWIre, Aug. 1, 2019--Jessica Guerin
FDIC Chief Warns Banks Could Face Fines for Cyber Breaches
National Mortgage Professional, Aug. 2, 2019--Phil Hall
Fannie Mae Preparing to Handle Transitions in QM, Mortgage Rates
National Mortgage News, Aug. 1, 2019--Bonnie Sinnock (subscription)
Wells Fargo to Tech Vendors: Please Send Us a Check
Wall Street Journal, Aug. 2, 2019--Rachel Louise Ensign (subscription)
OneWest Bank to Cough Up Cash Over Racial Bias Allegations During Mnuchin's Reign
HousingWire, July 30, 2019--Jessica Guerin
America's Housing Affordability Crisis Spreads to the Heartland
Bloomberg, July 30, 2019--Prashant Gopal, Reade Pickert, Noah Buhayar
Tapping Homes for Cash to Get Tougher Under New FHA Limits
Wall Street Journal, Aug. 1, 2019--Ben Eisen (subscription)
CMBS Issuance Focuses on 'Bulletproof' Retail Loans
National Real Estate Investor, July 31, 2019--Beth Mattson-Teig
Tax Credits Could Help Foreclosure Victims Buy Homes Again
San Bernardino Sun, Aug. 1, 2019--Jeff Lazerson
For the First Time Ever, Mortgage Bonds Are Being Sold at a Negative Rate
Bloomberg, Aug. 5, 2019--Frances Schwartzkopff
Banks Tighten Standards on Commercial Real Estate, Credit Card Loans
Reuters, Aug. 5, 2019--Ann Saphir