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Mr. Cooper failed to offer proper retention options for some FHA loans -
Fed's stress test results to be published June 28 -
House Republicans blast CFPB's Chopra in marathon hearing -
PACE loans may qualify for Homeowner Assistance Fund money -
5 developments in Washington D.C. impacting the mortgage industry
- Sep 16-17, 2025|San Diego, CA
Although the Trump administration is abandoning the CFPB's rule 1033, there are still a number of security standards to follow.
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The Federal Housing Finance Agency's withdrawal of tenant requirements and an unfair or deceptive acts or practices bulletin sets the tone for the future.
March 25
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The law would have expanded the state's 12% interest rate cap in a manner that would have effectively banned fintech lending in the state.
March 25
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Wall Street veteran Frank Bisignano pledged at a Senate Finance Committee hearing that he doesn't plan to privatize Social Security.
March 25
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The Mississippi lender said regulators have signed off sooner than expected on its $103.6 million acquisition of First Chatham Bank. The bank's CEO and deal advisers said the speedy approval bodes well for future M&A.
March 25
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HUD and DHS entered into an agreement which would place a HUD staffer inside Homeland Security and make referrals for immigration enforcement.
March 25
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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The Federal Housing Finance Agency ended comments on expanded suspended counterparties list criteria in December and has done nothing with it since.
April 11
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The notes will get credit enhancement from balances on the subordinate bonds, which are permitted to amortize.
April 11
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Fairway promotes top producer to national leadership role, NMB adds industry veteran to head sales and operations and Finance of America grows C-suite.
April 11
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The advocacy executive said there was a lot of misinformation regarding Rocket Pro and that the "rumors versus reality is very different."
April 11
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A Department of Government Efficiency team is working with FDIC leadership to "increase efficiency," which could include cuts to contracts and streamlining staff. FDIC says DOGE staffers have "appropriate clearances."
April 10
