Regulation and compliance
Regulation and compliance
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The recent White House fintech summit was helpful in exposing companies to regulators, and vice versa, but we need to strengthen the lines of communications even more.
July 22 -
WASHINGTON Federal regulators Friday issued proposals outlining methodologies for establishing how thresholds for certain exemptions to Truth in Lending Requirements would be set.
July 22 -
The official platform of the Republican Party has softened language calling for the end of Fannie Mae and Freddie Mac, while continuing to demand reform of the government-sponsored enterprises.
July 21 -
A federal appeals court has reversed a lower court decision that dismissed a lawsuit against Freddie Mac brought by a state pension fund.
July 21 -
The Consumer Financial Protection Bureau on Wednesday promoted three CFPB officials to new leadership positions.
July 21 -
HUD reverses course and decides to investigate findings by the Inspector General that some DPA programs don't comply with FHA rules.
July 21 -
The Consumer Financial Protection Bureau's fifth anniversary marks an important shift for the agency in which it pivots from rules required by the Dodd-Frank Act to pursuing other areas.
July 20 -
There were patterns of racial disparities in mortgage originations in the St. Louis, Milwaukee and Minneapolis metropolitan statistical areas, according to the National Community Reinvestment Coalition.
July 20 -
A private flood insurance bill passed by the House is making Fannie Mae and Freddie Mac uneasy because they fear it could lead to greater losses, according to a recent report by the Government Accountability Office.
July 20 -
HUD Secretary Julian Castro, said to be a contender for Hillary Clinton's running mate, was found by the U.S. Office of Special Counsel to have violated a law prohibiting federal employees from engaging in political activity while working in their official capacity.
July 19 -
The promise of digital verification, beyond process improvements and time savings for lenders, is the ability to help both consumer and lender drive to the right outcome more quickly, with greater transparency and predictability along the way.
July 18 -
The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.The partners said that the program would accept jumbos of up to $2. 5 million, a boost from the previous $1.5 million limit.
July 18 -
Uncertainty about what constitutes a TRID error has had a direct impact on independent mortgage bankers. But some warehouse lenders that provide those originators with interim funding have also been affected by the liquidity concern, taking on increased risk exposure.
July 18 -
The Senate approved a bill Thursday by unanimous consent that includes major reforms to the Federal Housing Administration condominium loan program and the Rural Housing Service loan program.
July 15 -
Upcoming risk retention requirements may be the proverbial straw that breaks the back of the commercial mortgage-backed securities market.
July 15 -
The $140 billion-asset company disclosed Thursday in a regulatory filing that the Federal Reserve Board downgraded its Community Reinvestment Act rating to "needs to improve."
July 15 -
Republican lawmakers put Department of Housing and Urban Development Secretary Julian Castro on the hot seat Wednesday, criticizing his decision to allow nonprofit community groups to bid on more nonperforming Federal Housing Administration loans.
July 13 -
The debate over a Republican bill to overhaul the Dodd-Frank Act is increasingly focused on two widely different philosophies about capital regulation, which were both on display at a hearing Tuesday.
July 13 -
At the end of 2015, there were at least 48 bills pending before Congress that sought to change, defund, or otherwise weaken the Consumer Financial Protection Bureau. None of them passed.
July 13 -
Now that privately insured credit unions finally can join the Federal Home Loan Bank System, will more federally insured state charters consider converting to private insurance?
July 13












