|
|
Results 1 - 10 of 2544 |
Posted Date: Tuesday, April 23, 2024
Asserting the need for more oversight of federal housing regulators, the Senate Banking, Housing and Urban Affairs Committee convened a hearing to address pressing issues in the housing sector and assess the performance of its principal regulatory bodies.
The hearing featured testimony from Federal Housing Finance Agency Director Sandra Thompson and Department of Housing and Urban Development Acting Secretary Adrianne Todman. Read on »
Posted Date: Tuesday, April 23, 2024
The Federal Housing Finance Agency recently released its annual Housing Mission Report, with details about actions undertaken by the government-sponsored enterprises and the Federal Home Loan Banks last year to promote access to financing for affordable, sustainable, and equitable housing and targeted economic development. Read on »
Posted Date: Tuesday, April 23, 2024
Ginnie Mae President Alanna McCargo announced her intent to resign from public office after more than three years with the Biden-Harris administration and 25 years in housing finance. Her resignation will become effective May 3. Read on »
Posted Date: Friday, April 19, 2024
The Consumer Financial Protection Bureau’s final rule restricting credit card late fees faces a resolution of disapproval which has substantial industry support. The House Financial Services Committee voted 28-22 along party lines to advance the measure to the full House for consideration.
See what various financial trade associations have to say about the resolution, as well as other recent regulatory and legislative developments. Read on »
Posted Date: Tuesday, April 16, 2024
The Consumer Financial Protection Bureau (CFPB) has not confirmed nor denied reports that it is considering prohibiting mortgage providers from charging homebuyers for lenders’ title insurance policies. Former CFPB attorney Richard Horn, co-managing partner at Garris Horn PLLC, offered his take and urged lenders to pay close attention to the agency’s request for information on closing costs.
The information continues to fuel industry concerns that regulators are targeting settlement services in an attempt to lower housing costs for consumers, potentially increasing lending risks. Read on »
Posted Date: Friday, April 12, 2024
The Consumer Financial Protection Bureau’s final rule to cap credit card late fees has met with significant pushback from the financial industry. Learn about these views and more in this roundup of takeaways from industry trade groups. Read on »
Posted Date: Friday, April 12, 2024
To facilitate information sharing regarding nonbank mortgage companies, the Federal Housing Finance Agency (FHFA) and the Conference of State Bank Supervisors entered into a memorandum of understanding establishing protocols between state financial regulators and the FHFA. Read on »
Posted Date: Tuesday, April 9, 2024
High mortgage rates are causing borrowers to pay more upfront for discount points, according to the Consumer Financial Protection Bureau’s findings in a new report. Using quarterly Home Mortgage Disclosure Act data dating back to 2019, the bureau found the percentage of homebuyers paying for discount points in 2023 was nearly double that of 2021 and was most pronounced among borrowers with lower credit scores. Read on »
Posted Date: Tuesday, April 9, 2024
There are often so many regulatory developments to count in a given week that many get lost in the shuffle behind more prominent issues. Here is a look at a handful of recent announcements from federal regulators that you may have missed. Read on »
Posted Date: Friday, April 5, 2024
The Consumer Financial Protection Bureau (CFPB) released its Consumer Response Annual Report, analyzing complaints submitted by consumers to the CFPB between January and December 2023. These reflect consumers’ experiences across various categories, including mortgages, debt collection, debt or credit management and payday loans. Read on »
|
Monthly Newsletter |
Cover Story:
|
|