If acting CFPB Director Mick Mulvaney ultimately prevails in the lawsuit challenging his position, he is expected to continue implementing the most significant changes to the agency in its six-year history.
Shifting policy stances and a renewed focus on housing finance reform from the White House could make 2018 a breakout year for Congress to finally resolve the conservatorship of Fannie Mae and Freddie Mac.
As digital mortgage technology helps consumers take a more hands-on approach to the mortgage process, lenders are stepping up their adoption of automation and machine learning through artificial intelligence capabilities.
Fannie Mae and Freddie Mac have new technology-driven initiatives planned for 2018 that are expected to help lenders improve the borrowing experience for home buyers and make full use of the government-sponsored enterprises' credit box.
Lending outside the qualified mortgage rule will likely become more prominent in 2018, as originators continue to struggle to replace lost refinance volume and their compliance and risk management processes become more robust.