The Federal Housing Administration last Thursday proposed to overhaul its lender certification requirements, aimed at providing lenders and servicers greater certainty in how to satisfy the agency's compliance requirements.
CFPB Proposes New Fair Debt Collection Rules
The Consumer Financial Protection Bureau yesterday issued a Notice of Proposed Rulemaking to implement the Fair Debt Collection Practices Act.
Mortgage Action Alliance 'Call to Action' Urges Support for Self-Employed Mortgage Access Bill
The Mortgage Bankers Association's grassroots advocacy arm, the Mortgage Action Alliance, issued a Call to Action yesterday urging support of legislation that would improve mortgage access for the self-employed, gig workers and other non-traditional borrowers.
Seriously Underwater Properties Rise from Year Ago
ATTOM Data Solutions, Irvine, Calif., said more than 5.2 million U.S. properties remained seriously underwater at the end of the first quarter, up by more than 17,000 properties from a year ago.
CMBS Delinquency Rates Fall to Post-Crisis Low
The commercial mortgage-backed securities delinquency rate fell six basis points to 2.82 percent in April, the lowest delinquency reading since the 2008 financial crisis.
CFPB Outlines Plan to Review Regulatory Flexibility Act Rules
The Consumer Financial Protection Bureau yesterday published a notice on how it plans to periodically review regulations under the Regulatory Flexibility Act and to request public input.
MBA National Secondary Market Conference & Expo May 19-22
The Mortgage Bankers Association's National Secondary Market Conference & Expo returns to the New York Marriott Marquis May 19-22.
MBA Document Custody Workshop June 20
The Mortgage Bankers Association's popular Document Custody Workshop takes place Thursday, June 20 at the Ritz-Carlton Tysons Corner in McLean, Va.
MBA Education Advanced Risk Management for Pros June 3-5 in D.C.
MBA Education presents its popular Advanced Risk Management for Mortgage Pros Workshop, in conjunction with the Robert H. Smith School of Business at the University of Maryland, in Washington, D.C. June 3-5.
Fannie Mae Backs 'Dreamers'
Mortgage Compliance, May 2019--James Brody
Freddie Mac Opens Up Certificate Exchange for Uniform MBS to Investors
National Mortgage News, May 8, 2019--Bonnie Sinnock (subscription)
Republicans Move to Abolish CFPB
HousingWire, May 7, 2019--Ben Lane
Analyzing The Impacts Of Administrative GSE Reform
Mortgage Media, May 13, 2019--David Stevens, CMB
Ginnie Mae's MBS Issuer Shift Creates 'Greater Risk of Loss:' GAO
National Mortgage News, May 10, 2019--Paul Centopani (subscription)
Wells Fargo Creates Unit to Satisfy Regulatory Demands
American Banker, May 8, 2019--Kate Berry (subscription)
Equifax Sets Aside Nearly $700 Million for Expected Data Breach Payouts
HousingWire, May 10, 2019--Ben Lane
Ocwen's 1Q Loss Due to Lower Interest Rates Affecting its MSRs
National Mortgage News, May 7, 2019--Brad Finkelstein (subscription)
Fifth Avenue Losing Luster as Vacancies Climb, Rents Fall
Wall Street Journal, May 7, 2019--Esther Fung (subscription)
Mortgage Duration Drop Means Refinancing Concerns Are Back Again
Bloomberg, May 8, 2019--Christopher Maloney
Can FHA's Promise of Softer Enforcement Get Lenders Back on Board?
National Mortgage News, May 9, 2019--Hannah Lang (subscription)
New Congressional Push on Credit Bureau Data Breaches
National Mortgage Professional, May 9, 2019--Phil Hall
Ocwen and FIS Agree to Settle Lawsuit Over Alleged Audit Abuses
National Mortgage News, May 9, 2019--Bonnie Sinnock (subscription)
As Hurricane, Fire Seasons Approach, More People Likely to Be in Harm's Way
Wall Street Journal, May 9, 2019--Erin Ailworth (subscription)
Drop in Mortgage Rates Hurts Impac, but May Pay Off Later
National Mortgage News, May 10, 2019--Bonnie Sinnock (subscription)
Fannie and Freddie Back More Mortgages of Those Deeply in Debt
Wall Street Journal, May 13, 2019--Ben Eisen (subscription)
As CFPB Mulls Privatizing Database, Consumer Complaints Mount
American Banker, May 12, 2019--Kate Berry (subscription)
Appeals Court Revives Class Action Suit Against Nationstar for Redundant Flood Insurance
HousingWire, May 13, 2019--Jessica Guerin
Live Well Financial's Abrupt Closing Leads to Host of Problems
HousingWire, May 13, 2019--Jessica Guerin