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The Supreme Court may soon defang bank regulators especially the CFPB

National Mortgage
Mortgage Finance
2 years ago

An upcoming Supreme Court decision has big implications for various federal agencies, but especially for the 13-year-old Consumer Financial Protection,.. Read More;

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FHA seeks to increase lender liability for third-party fraud

National Mortgage
Mortgage Finance
2 years ago

The Federal Housing Administration is looking to update the defect taxonomy it uses to assess loan quality with a stricter,.. Read More;

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CFPB seeks to ban two firms from reverse mortgage services

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau issued consent orders against a pair of companies Tuesday, citing what it called harmful delays,.. Read More;

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CFPB proposes settlement with Freedom Mortgage over HMDA reporting

National Mortgage
Mortgage Finance
2 years ago

The Consumer Financial Protection Bureau is proposing to settle its suit against Freedom Mortgage, wherein the watchdog accused the lender,.. Read More;

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CrossCountry employee alleges lender shorted OT pay

National Mortgage
Mortgage Finance
2 years ago

A former loan processor at Crosscountry Mortgage has accused the lender of discouraging employees from reporting overtime pay.The plaintiff, Christina,.. Read More;

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Guaranteed Rate denies toxic workplace accusations

National Mortgage
Mortgage Finance
2 years ago

A Chicago Tribune report describing a toxic work environment and instances of verbal and sexual harassment at Guaranteed Rate is,.. Read More;

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HUD provides $10M in grants to promote housing counseling

National Mortgage
Mortgage Finance
2 years ago

The Department of Housing and Urban Development has awarded $10 million in grants to 23 providers of housing counseling programs.Even,.. Read More;

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CoStar Group hires Freddie Mac's Christian Lown as CFO

National Mortgage
Mortgage Finance
2 years ago

Christian Lown, Freddie Mac's exiting chief financial officer, will be taking the same job at online data and real estate,.. Read More;

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Warren pushes Powell to tee up Basel vote

National Mortgage
Mortgage Finance
2 years ago

Sen. Elizabeth Warren, D-Mass., sent a letter on Monday to Federal Reserve Chair Jerome Powell asking him to convene a,.. Read More;

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Ginnie Mae risk-based capital rule is unworkable

National Mortgage
Mortgage Finance
2 years ago

In 2022, Ginnie Mae first surfaced the new risk-based capital (RBC) requirements for independent mortgage banks. The amended rules go,.. Read More;

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Anti-growth fervor grips the south after pandemic boom

National Mortgage
Mortgage Finance
2 years ago

In Gallatin, Tennessee, house prices have jumped by two-thirds since the pandemic, and one local commissioner incensed at nearby homebuilding said,.. Read More;

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HTB appoints Mycock to London and South East lending team Mortgage Finance Gazette

Mortgage Finance Gazette
Mortgage Finance
2 years ago

,.. Read More;

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