Dodd Frank Update - Daily News

Supreme Court asked to revisit Cantero v. Bank of America preemption question

Fri, 05 Jun 2026 18:02:25 GMT

Supreme Court asked to revisit Cantero v. Bank of America preemption question - The #SupremeCourt was asked to rehear arguments regarding the applicability of federal #preemption standards to #state #laws requiring banks to pay interest on #mortgage #escrow accounts. #Cantero

CFPB sued over rule amending Reg B to remove disparate impact

Fri, 05 Jun 2026 17:53:13 GMT

CFPB sued over rule amending Reg B to remove disparate impact - Four advocacy groups are suing the #CFPB over its final rule amending #RegB, the implementing regulation of the #ECOA. The plaintiffs argued that the final rule relies on “conclusory assertions and speculation.”

Appraiser coach speaks to the ‘optimism of spring’

Fri, 05 Jun 2026 17:50:37 GMT

Appraiser coach speaks to the ‘optimism of spring’ - For this monthly installment of appraisal advice from Dustin Harris, #TheAppraiserCoach, we learn how the spring season can bring many changes to the #appraisal profession, including a busier schedule.

Class Valuation, Makena partner in preparation for UAD 3.6 arrival

Fri, 05 Jun 2026 17:44:56 GMT

Class Valuation, Makena partner in preparation for UAD 3.6 arrival - #ClassValuation recently announced a partnership with Makena, to give appraisers access to the company's #mobile #data #collection and floor plan application, as they prepare for the wide-scale #UAD 3.6 mandate on Nov. 2.

MBA anticipates future rate hike as wages lag behind inflation

Fri, 05 Jun 2026 17:38:02 GMT

MBA anticipates future rate hike as wages lag behind inflation - Mortgage Bankers Association Chief Economist Mike Fratantoni issued commentary describing key takeaways from the latest employment numbers released by the U.S. Bureau of #Labor Statistics on June 5. @FederalReserve #MBA #rate

Trump EO seeks to promote AI innovation, security

Fri, 05 Jun 2026 17:31:40 GMT

Trump EO seeks to promote AI innovation, security - President Donald #Trump signed an executive order to promote access to artificial intelligence innovations while also safeguarding the U.S. against AI-enabled threats to national security. #AI #EO #innovation #threats

Breaking down the impact of Trump’s crackdown on lending to immigrants

Tue, 02 Jun 2026 17:07:06 GMT

Breaking down the impact of Trump’s crackdown on lending to immigrants - Federal #regulators may soon push for lenders to strengthen protocols for verifying a loan applicant’s #immigration status. Dodd Frank Update spoke with two former regulators about the many precautions financial institutions already take to mitigate potential risks associated with #lending to noncitizens.

Should appraisers write reports in the third person?

Tue, 02 Jun 2026 17:04:32 GMT

Should appraisers write reports in the third person? - The use of the third person in #appraisal #reporting stems from the need to present objective, detached and #professional analysis. Jamie Owen, owner of Aspen Appraisal Services, shared his thoughts on this topic with Dodd Frank Update.

Wells Fargo ordered to create program for LMI borrowers in $110M settlement

Tue, 02 Jun 2026 16:58:43 GMT

Wells Fargo ordered to create program for LMI borrowers in $110M settlement - A federal court approved a $110 million settlement to resolve allegations against #WellsFargo, requiring the bank to establish programming to help #LMI communities.

VA unveils new program, loss mitigation framework for veterans facing foreclosure

Tue, 02 Jun 2026 16:56:27 GMT

VA unveils new program, loss mitigation framework for veterans facing foreclosure - After nearly a year of anxious waiting for many #veteran #homeowners struggling to make their mortgage #payments, the @DeptVetAffairs announced the release of its new partial claim program and updated loss mitigation “waterfall” on June 1.

ICE Mortgage Monitor: April home prices show strong gains

Tue, 02 Jun 2026 16:50:07 GMT

ICE Mortgage Monitor: April home prices show strong gains - Intercontinental Exchange, Inc., released its May ICE Mortgage Monitor report. The analysis found that U.S. home prices saw the strongest single-month gain in nearly two years in April.

Will AI recommendations fail to make sense for appraisers?

Fri, 29 May 2026 17:09:29 GMT

Will AI recommendations fail to make sense for appraisers? - Dodd Frank Update spoke with McKissock Learning’s Kevin Hecht on the topic of “Human Judgement in a Machine World: Keeping Appraisal Expertise at the Center" for part II of our conversation with the appraisal industry veteran, along with other timely topics for appraisers, including making sense of artificial intelligence.

Fair Lending Lightning Round: Key takeaways about disparate impact enforcement

Fri, 29 May 2026 16:14:59 GMT

Fair Lending Lighting Round: Key takeaways about disparate impact enforcement - With states are ramping up #regulation and #enforcement, a panel of #fairlending experts discussed the rapidly shifting compliance priorities during a recent industry event.

FOMC minutes shed light on dissents during rate vote

Fri, 29 May 2026 16:06:22 GMT

FOMC minutes shed light on dissents during rate vote - The minutes from the #FOMC meeting held on April 28–29 shed more light on what turned out to be the most divided decision on the federal funds target #rate in more than 30 years. @FederalReserve

Federal agencies propose revisions to CAMELS rating system

Fri, 29 May 2026 16:02:49 GMT

Federal agencies propose revisions to CAMELS rating system - The #FFIEC has invited public comments on proposed revisions to the uniform #financial institutions rating system, used to rate an institution’s safety and soundness.

Fraud is on the rise with consumer lending

Fri, 29 May 2026 15:58:10 GMT

Fraud is on the rise with consumer lending - A new industry report from Celent, commissioned by Zest AI, a company founded in 2009 providing services in financial technology with a mission to modernize lending and strengthen the financial system, recently revealed that fraud has moved from an operational cost to a direct contributor to credit losses.

Industry awaits Senate vote on amended housing bill

Fri, 29 May 2026 15:52:38 GMT

Industry awaits Senate vote on House version of housing bill - The House voted 396-13 to pass its amended version of the 21st Century ROAD to Housing Act on May 20. The ball is once again in the Senate’s court to determine what happens next with the bill, which has gained strong bipartisan support from lawmakers and within the financial services sector.

Smart, effective strategies for fraud prevention

Tue, 19 May 2026 11:22:00 GMT

Smart, effective strategies for fraud prevention - Managing #friction in financial transactions without losing trust requires shifting from a “frictionless” mindset to a “smart friction” approach for stopping fraudsters in their tracks, according to Paul Byrne, head of fraud solutions at SentiLink.

Miran departs Fed board as Powell stays on as governor

Tue, 19 May 2026 11:21:59 GMT

Miran departs Fed board as Powell stays on as governor - @FederalReserve Gov. Stephen Miran submitted his #resignation on May 14, ending his eight-month stint as a member of the #board. His seat will be filled by former #chairman Fed Gov. Jerome #Powell.

Appraiser, economist addresses humans operating in a machine environment

Tue, 19 May 2026 11:20:44 GMT

Appraiser, economist addresses humans operating in a machine environment - Dodd Frank Update caught up with McKissock Learning’s Kevin Hecht after he spoke at the 2026 Appraiser’s Conference and Trade Show in Seattle, Wash., for more details about the multiple situations appraisers are now facing with regard to emerging technology. #AI

Make a Child Smile supports Kansas City children in foster care system

Tue, 19 May 2026 11:19:59 GMT

Make a Child Smile supports Kansas City children in foster care system - Attendees at this year’s @NS3_TheSummit had the opportunity to bring comfort to Kansas City area children in the family court system through the annual Make a Child Smile community outreach event, sponsored by @Qualiasoftware. #MACS #NS32026

Atlas VMS introduces appraisal warranty coverage

Tue, 19 May 2026 11:19:07 GMT

Atlas VMS introduces appraisal warranty coverage - #Atlas #VMS, a #valuation and #mortgage solutions company providing modern appraisal and technology platforms, recently announced the launch of Atlas LoanShield, an insurance-backed appraisal warranty that guarantees the accuracy and reliability of appraisal reports issued by the company.

Vought appeals CFPB funding ruling as lawmakers challenge policy changes

Fri, 15 May 2026 15:48:59 GMT

Vought appeals CFPB funding ruling as lawmakers challenge policy changes - Just when the @CFPB seemed to be finding something tantamount to stable footing, the agency’s future under the #Trump administration is once again in question via challenges in the form of a federal court appeal and Congressional resolutions of disapproval. #Vought #appeal #resolutions

A deeper dive into analyzing appraisal data using pivot tables

Fri, 15 May 2026 15:44:34 GMT

A deeper dive into analyzing appraisal data using pivot tables - Dodd Frank Update caught up with Anthony Blackburn of #SJC Appraisal after the 2026 Appraiser’s Conference and Trade Show in Seattle, where he discussed using pivot tables to analyze appraisal data. #Blackburn #appraisl

Industry innovators, leaders to take the stage in Kansas City for NS3

Fri, 15 May 2026 15:36:47 GMT

Industry innovators, leaders to take the stage in Kansas City for NS3 - More than 40 speakers will take the stage over three days this week at the National Settlement Services Summit (NS3) at the Kansas City Marriott Downtown in Kansas City, Mo. #NS32026

Clear Capital acquires Restb.ai

Fri, 15 May 2026 15:35:28 GMT

Clear Capital acquires Restb.ai - Clear Capital recently announced its acquisition of Restb.ai, a Barcelona-based company utilizing artificial intelligence-(AI) powered computer vision technology for the valuation and real estate industries. #appraisal #AI

TAF notes gratitude from scholarship winner

Fri, 15 May 2026 15:26:31 GMT

TAF notes gratitude from scholarship winner - In its May newsletter, #TAF highlighted appreciative sentiments from a PAREA (Practical Application of Real Estate Appraisal) Pathways to Success Scholarship recipient. #appraisal

Financial trades react to Warsh confirmation as Fed chair

Fri, 15 May 2026 15:25:12 GMT

Financial trades react to Warsh confirmation as Fed chair - The Senate confirmed Kevin Warsh as the new chairman of the Federal Reserve. Warsh’s experience in financial markets and his approach to monetary policy have earned him support from industry trade associations.

Second Circuit says federal law preempts New York mortgage escrow rule

Tue, 12 May 2026 18:50:06 GMT

Second Circuit says federal law preempts New York mortgage escrow rule - Nearly two years after the Supreme Court raised the bar for #preemption arguments with its ruling in Cantero v. Bank of America, the U.S. Second Circuit Court of Appeals contradicted the high court and two others with its ruling on New York’s law requiring interest payments on #mortgage escrow accounts.

What state supervision, enforcement means for your compliance program

Tue, 12 May 2026 18:45:29 GMT

What state supervision, enforcement means for your compliance program - As federal oversight pulls back, banks and mortgage lenders face a more scattered compliance landscape shaped by state regulators and attorneys general working to pick up the pieces. Dodd Frank Update listened as a panel of regulators and attorneys examined what specific moves states have been taking toward filling the void left in the wake of the drastically reduced role of federal agencies.

ASB vice chair explains recent draft of guidance on AI, AVMs

Tue, 12 May 2026 18:42:00 GMT

ASB vice chair explains recent draft of guidance on AI, AVMs - The Appraisal Standards Board (ASB) of The Appraisal Foundation recently released a second Exposure Draft of proposed Advisory Opinion 41 aiming to guide appraisers on using artificial intelligence, machine learning, and automated valuation models while complying with USPAP. Dodd Frank Update spoke with ASB Vice Chair Tim Hansen about these proposals.

Can AI strengthen borrower relationships?

Tue, 12 May 2026 18:19:39 GMT

Can AI strengthen borrower relationships? - Mortgage lenders are rapidly adopting artificial intelligence (AI), but many are still grappling with how to use AI to improve efficiency and responsiveness without weakening the human relationships that drive trust, referrals, and repeat business, according to STRATMOR Group's April Insights Report.

Regulatory Roundup: Federal Reserve greenlights four bank mergers

Tue, 12 May 2026 18:17:21 GMT

Regulatory Roundup: Federal Reserve greenlights four bank mergers - The @FederalReserve approved four bank #merger and #acquisition applications in recent months, including one for a bank based outside the U.S. The deals involve institutions headquartered in New Jersey, Virginia and Peru, to name a few.

The impact of virtual inspections on the appraisal profession

Fri, 08 May 2026 17:34:12 GMT

The impact of virtual inspections on the appraisal profession - Dodd Frank Update caught up with with an industry insider to talke about how the appraisal industry is transitioning from traditional, in-person property inspections to fully integrated, #AI-powered “valuation modernization.”

What do lenders, builders and consumers really want?

Fri, 08 May 2026 17:30:02 GMT

What do lenders, builders and consumers really want? - A panel of experts from across the #realestate ecosystem will examine how lenders, homebuilders and settlement partners can better collaborate to improve the homebuyer journey and, in turn, drive referral business for title agencies. #NS32026

Trades react to House passing Farm Bill

Fri, 08 May 2026 17:27:37 GMT

Trades react to House passing Farm Bill - Financial services trade organizations welcomed the House’s 224-200 vote in favor of advancing its version of the Farm, Food, and National Security Act of 2026 (H.R. 7567), also known as the “Farm Bill,” to the Senate.

Freddie Mac reports uptick in mortgage rates, new home sales

Fri, 08 May 2026 17:25:39 GMT

Freddie Mac reports uptick in mortgage rates, new-home sales - The average rate for a 30-year fixed-rate mortgage increased by seven basis points from the previous week, according to Freddie Mac, but remained lower than a year prior.

Class Valuation launches platform to shift appraisal repurchase risk from lenders

Fri, 08 May 2026 17:22:42 GMT

Class Valuation launches platform to shift appraisal repurchase risk from lenders - Class Valuation recently launched Class Valuation Underwriting Engine, an underwriting and appraisal assurance program designed to reduce lender risk, lower operational costs and accelerate loan closings.

Trades urge lawmakers, agencies to address ‘deposit flight’ risks tied to stablecoins

Fri, 08 May 2026 17:13:14 GMT

Trades urge lawmakers, agencies to address ‘deposit flight’ risks tied to stablecoins - Financial services advocates concerned by the risk of “deposit flight” resulting from the integration of digital currencies into the U.S. banking system have advocated for legislative action to address “loopholes” that could negatively impact the industry.

CFPB revises Sec. 1071 final rule to focus on ‘core lending products’

Tue, 05 May 2026 18:18:33 GMT

CFPB revises Sec. 1071 final rule to focus on ‘core lending products’ - The @CFPB released a #finalrule implementing #smallbusiness #lending requirements outlined under Sec. #1071 of the Dodd-Frank Act. The #scope of the final rule is significantly narrower than the previous version.

Appraiser ‘coach’ addresses new era of running businesses

Tue, 05 May 2026 18:14:40 GMT

Appraiser ‘coach’ addresses new era of running businesses - Dustin Harris “The Appraiser Coach,” examines how new tools will forever change how one runs their business, specifically #ChatGPT and #OpenClaw, a free and open-source autonomous artificial intelligence agent that can execute tasks. #AI

Loan applicant accuses Bank of America, Velox of discrimination in lending, property appraisal

Tue, 05 May 2026 18:10:48 GMT

Loan applicant accuses Bank of America, Velox of discrimination in lending, property appraisal - A lawsuit filed in a Virginia District Court by a mortgage loan applicant accused Bank of America and Velox Valuations of engaging in racial discrimination in #mortgage #lending and property #appraisal. #BoA #Velox

HUD revises environmental review requirements in MAP Guide

Tue, 05 May 2026 17:58:19 GMT

HUD revises environmental review requirements in MAP Guide - To lower #housing #development costs and #streamline operations, the @HUDgov announced the revision of #environmental #review requirements described in its #FHA #MAP Guide on May 4.

Survey reveals states adding the most mortgage debt for struggling homeowners

Tue, 05 May 2026 17:56:00 GMT

Survey reveals states adding the most mortgage debt for struggling homeowners - Americans owe nearly $13.2 trillion on their #mortgages, and the personal-finance company #WalletHub recently released its report on the “States Adding the Most Mortgage Debt” to show where #homeowners are #struggling the most.

Four members dissent in Fed vote on interest rates

Wed, 29 Apr 2026 21:15:29 GMT

Four members dissent in Fed vote on interest rates - While many expected the Federal Open Market Committee (FOMC) to vote to keep the federal funds target range unchanged at 3-1/2 to 3-3/4 percent for the third consecutive time, far fewer predicted the April 28-29 meeting to result in the most significant split among the committee’s members in more than 30 years.

Former CFPB attorney examines Reg B rule through administrative law lens

Wed, 29 Apr 2026 21:11:07 GMT

The Consumer Financial Protection Bureau’s (CFPB) final rule revising Regulation B has raised many questions and concerns for legal experts, consumer advocates and mortgage industry professionals since its publication in the Federal Register. Former CFPB Senior Counsel David Friend, owner of Friend Mortgage Consulting, shared with Dodd Frank Update his thoughts on the rule.

Company exec speaks to vendor panel strategies, success in business valuation

Wed, 29 Apr 2026 21:03:39 GMT

Company exec speaks to vendor panel strategies, success in business valuation - ServiceLink’s senior vice president of valuation spoke with Dodd Frank Update about maintaining strong relationships with appraisers, agents and data collection panels, as well as key factors in running a successful valuation business.

HUD, USDA rescind ‘energy efficiency’ construction standards

Wed, 29 Apr 2026 21:00:39 GMT

HUD, USDA rescind ‘energy efficiency’ construction standards - The Department of Housing and Urban Development and the Department of Agriculture announced on April 28 the rescission of the “Energy Efficiency Standards for New Construction” final determination for HUD- and USDA-financed housing. The agencies said the decision removes a “significant regulatory barrier” for homebuilders.

Federal banking regulators lower community bank leverage ratio

Wed, 29 Apr 2026 20:58:31 GMT

Federal banking regulators lower community bank leverage ratio - The federal banking regulators lowered the community bank leverage ratio (CBLR) via a final rule issued on April 24. By lowering the CBLR requirement, the agencies hope to encourage more community banks to adopt the framework.

Mortgage, banking professionals testify about Basel III capital proposal

Wed, 29 Apr 2026 20:55:30 GMT

Mortgage, banking professionals testify about Basel III capital proposal - The House Financial Services Committee convened on April 28 to review proposals from the federal banking agencies to implement revised Basel III capital rules with testimony courtesy of representatives from the financial services sector.

Four members dissent in Fed vote on interest rates

Wed, 29 Apr 2026 18:56:16 GMT

While many expected the Federal Open Market Committee (FOMC) to vote to keep the federal funds target range unchanged at 3-1/2 to 3-3/4 percent for the third consecutive time, far fewer predicted the April 28-29 meeting to result in the most significant split among the committee’s members in more than 30 years.

A deep dive into the CFPB’s disparate impact final rule

Fri, 24 Apr 2026 17:33:36 GMT

A deep dive into the CFPB’s disparate impact final rule - Dodd Frank Update conducted a thorough review of the @CFPB's final rule to narrow the scope of #disparateimpact #liability and other #fairlending concepts related to #ECOA and consulted with insight from a former CFPB Senior Counsel. #deepdive

GSEs to implement ‘modernized’ credit score framework, adding VantageScore

Fri, 24 Apr 2026 17:22:22 GMT

GSEs to implement ‘modernized’ credit score framework, adding VantageScore - @FannieMae and @FreddieMac are collaborating with the @FHFA and the @HUDgov t to implement new credit score models as part of a joint effort to create a #modernized and more #competitive framework. #mortgage

Senators grill Fed chair nominee on agency independence, monetary policy record

Fri, 24 Apr 2026 17:21:54 GMT

Senators grill Fed chair nominee on agency independence, monetary policy record - @FederalReserve Chair nominee Kevin Warsh explained his views on #monetarypolicy, during his #Senate #confirmation hearing, which also featured discussion about his commitment to Fed #independence and more.

Survey: States where the most, least is spent on housing

Fri, 24 Apr 2026 17:15:43 GMT

Survey: States where the most, least is spent on housing - With #housing costs consuming up to 50 percent of the median income in some #states, the personal-finance company WalletHub recently released its report on the “States Where People Spend the Most & Least on Housing." #homeownership

Appraisers are offered chance to serve on NAR committee

Fri, 24 Apr 2026 17:11:53 GMT

Appraisers are offered chance to serve on NAR committee - The @NARdotRealtor is offering #agents, #brokers and #appraisers the opportunity to work together on critical industry and association issues. There may just be a committee that needs their experience and perspective.

FSC votes to advance Small LENDER Act

Fri, 24 Apr 2026 17:06:46 GMT

FSC votes to advance Small LENDER Act - The House #FSC voted to advance legislation to partially nullify a #CFPB rule requiring financial institutions to collect data on certain #smallbusiness credit applications. #1071

Independent mortgage banks hit four-year high in net production profits

Tue, 21 Apr 2026 16:54:42 GMT

Independent mortgage banks hit four-year high in net production profits - Despite higher #origination costs, independent mortgage banks and #mortgage subsidiaries of chartered banks saw a four-year high in net profit margins on originated #loans last year, according to survey data published in the @MBAmortgage 2025 Annual Mortgage Bankers Performance Report.

Colony Ridge settlement to proceed without court approval, victim redress

Tue, 21 Apr 2026 16:50:50 GMT

Colony Ridge settlement to proceed without court approval, victim redress - A #settlement between @TheJusticeDept and #ColonyRidge Inc. will move forward without federal court approval, after a Texas district #court determined the case was “not governed by any federal statute that requires a court order."

Training and tech can reduce bias in appraisal reports

Tue, 21 Apr 2026 16:47:03 GMT

Training and tech can reduce bias in appraisal reports - In Part II of Dodd Frank Update’s conversation with Walitt Solutions’ Owner and Principal Josh Walitt and Senior Valuations Consultant Cindi Harris, they dive a little deeper as how the appraisal profession will prosper with more tech tools at one’s disposal, including those that can reduce the appearance of bias in valuations.

Commercial firm releases ‘seniors’ report

Tue, 21 Apr 2026 16:43:16 GMT

Commercial firm releases ‘seniors’ report - The #seniors #housing sector has experienced its strongest year in a decade, with rolling four-quarter transaction volume reaching $24 billion by year-end 2025, the highest level since Q2 2015 according to JLL’s 2026 Seniors Housing and Care Investor #Survey and #Trends Outlook.

Class Valuation expands with a new acquisition

Tue, 21 Apr 2026 16:38:52 GMT

Class Valuation expands with a new acquisition - @ClassValuation recently announced that it has acquired #Lauritano Appraisal Services, a New York-based residential #appraisal firm with more than 30 years of experience delivering high-quality #valuation services. #acquisition

What is next for the CFPB and what should institutions do (or avoid) in response?

Thu, 16 Apr 2026 20:01:57 GMT

What is next for the CFPB and what should institutions do (or avoid) in response? - Coming off a tumultuous year, legal experts are hopeful for a more steady approach from the @CFPB in the foreseeable future and are #advising their clients to think twice before diverting #resources away from #compliance.

What is driving homebuying decisions in 2026?

Thu, 16 Apr 2026 19:29:28 GMT

What is driving homebuying decisions in 2026? - There are a lot of elements that go into a #homebuying decision beyond finance. The 2026 ServiceLink State of Homebuying Report examined the perspectives of #mortgage borrowers and #loanofficers to understand the psychology of homebuyers. @svclnk #report

Understanding how to leverage new technology for real estate appraisals

Thu, 16 Apr 2026 19:24:40 GMT

Understanding how to leverage new technology for real estate appraisals - Applying technology to appraisals requires asking questions about accuracy, workflow integration, compliance and data reliability. Dodd Frank Update recently spoke with Walitt Solutions’ Owner and Principal Josh Walitt and Senior Valuations Consultant Cindi Harris for answers to those questions, while also addressing how to use the new tools and how to correctly interpret the information provided.

Cotality showing a ‘rebalance’

Thu, 16 Apr 2026 19:18:39 GMT

Cotality showing a ‘rebalance’ - @Cotality, established in property information, #analytics and data‑enabled solutions, recently released its Home Price Index with February 2026 data. Year-over-year home price growth slowed to 0.5 percent in February as the U.S. #housing market continues to rebalance. #data

Velox Valuations has UAD 3.6 update

Thu, 16 Apr 2026 19:14:41 GMT

Velox Valuations has UAD 3.6 update - #Velox #Valuations recently began providing #UAD 3.6 appraisals across the markets it serves nationwide. In February, the company completed its first two UAD 3.6 assignments in #California and #Florida.

FinCEN proposes new BSA requirements for banks, stablecoin issuers

Thu, 16 Apr 2026 19:11:51 GMT

FinCEN proposes new BSA requirements for banks, stablecoin issuers - The @USTreasury’s #FinCEN and #banking agencies issued two proposed rules to revise #BSA #regulations governing #financial institutions’ #AML programs and establish such requirements for #stablecoin issuers. GENIUSact #CFT

How to turn CRA data into an effective business strategy

Tue, 14 Apr 2026 16:47:03 GMT

How to turn CRA data into an effective business strategy - During a session at the @ConsumerBankers 2026 annual conference in San Diego, panelists pointed to data as not only an effective compliance tool, but one that could help turn their #CommunityReinvestmentAct strategy I not an effective business strategy, as well. #CRA

Proposed housing bill, recent Executive Orders could affect appraisal profession

Tue, 14 Apr 2026 16:34:28 GMT

Proposed housing bill, recent Executive Orders could affect appraisal profession - In an exclusive interview, Dodd Frank Update spoke with John Russell, of #ValuSight Consulting, about what recent executive orders mean for #appraisers moving forward, as well as for #lender #liability and turn times.

New proposal would allow credit unions, banks to use FedNow Service

Tue, 14 Apr 2026 16:24:46 GMT

New proposal would allow credit unions, banks to use FedNow Service - To offer additional flexibility for new private sector use-cases, the @FederalReserve announced it is seeking public comments on a proposal to allow U.S. #banks and #creditunions to use intermediaries to transfer funds through the #FedNow Service.

Spring brings sizable uptick in new home purchase applications

Tue, 14 Apr 2026 16:21:12 GMT

Spring brings sizable uptick in new home purchase applications - The #Spring #homebuying season kicked off with new home purchase applications up considerably in March from both an annualized and monthly perspective, according to the Mortgage Bankers Association’s Builder Application Survey data.

NAR comments on proposed changes regarding appraiser qualifications

Tue, 14 Apr 2026 16:16:57 GMT

NAR comments on proposed changes regarding appraiser qualifications - The National Association of Realtors provided comments on the Appraiser Qualification Board's First Exposure Draft of the Proposed Changes to the Real Property Appraiser Qualification Criteria. @nardotrealtor #NAR #appraiser #criteria

FDIC rescinds NSF fee guidance opposed by banking advocates

Tue, 14 Apr 2026 16:09:26 GMT

FDIC rescinds NSF fee guidance opposed by banking advocates - The @FDICgov #rescinded a 2023 #guidance issued for banks charging re-presentment #nonsufficient funds fees, clarifying certain practices that could be deemed unfair or deceptive, particularly with respect to multiple fees charged for the same transaction. #NSF

Are lenders prepared for the UAD 3.6 transition mandate?

Fri, 10 Apr 2026 16:30:26 GMT

Are lenders prepared for the UAD 3.6 transition mandate? - The #UAD 3.6 becomes mandatory for @FannieMae and @FreddieMac this year. In an exclusive interview, @Valligent2003 executives explain how #lenders not already preparing for this transition face significant #operational, #compliance and competitive risks. #appraisal

FOMC minutes offer murky outlook for rate cuts this year amid Middle East unrest

Fri, 10 Apr 2026 16:29:30 GMT

FOMC minutes offer murky outlook for rate cuts this year amid Middle East unrest - The minutes from the #FOMC’s March 17-18 meeting offered further insight into its members’ decision to hold the #federal funds target rate at 3 1/2 to 3 3/4 percent, citing #economic #uncertainty that could play a key role in future interest rate votes.

Fannie Mae issues policy letter on AI/ML governance

Fri, 10 Apr 2026 16:24:57 GMT

Fannie Mae issues policy letter on AI/ML governance - @FannieMae issued a formal letter establishing #governance principles for the appropriate use of AI and #MachineLearning among its single-family sellers and servicers. The move is a major step in establishing a #regulatory regime around AI/ML technologies.

Credit availability ticked up in March despite mortgage rate volatility

Fri, 10 Apr 2026 16:15:44 GMT

Credit availability ticked up in March despite mortgage rate volatility - Mortgage credit availability increased by 1.1 percent in March, according to data provided by @ICEMortgageTech and analyzed by the @MBAmortgage. With the modest uptick, available #credit hit its highest point in more than three years despite volatile mortgage rates.

GSEs give UAD updates

Fri, 10 Apr 2026 16:14:00 GMT

GSEs give UAD updates - As part of its ongoing commitment to supporting a smooth transition to the Uniform Appraisal Dataset 3.6 and Forms Redesign, Freddie Mac and Fannie Mae made minor updates to existing documentation on their websites. #UAD #appraisal #GSEs @FannieMae @FreddieMac

CDFI Fund proposal would impose SBA administrative fee on certain lenders

Fri, 10 Apr 2026 16:07:12 GMT

CDFI Fund proposal would impose SBA administrative fee on certain lenders - The Trump administration’s latest effort to reduce funding for the #CDFI Fund would slash approximately two-thirds of the fund’s #budget for FY 2027 and impose a new fee on certain #SmallBusiness #lenders.

Vought reluctantly asks for ‘reasonably necessary’ CFPB funding for third quarter

Tue, 07 Apr 2026 15:43:24 GMT

Vought reluctantly asks for ‘reasonably necessary’ CFPB funding for third quarter - Dodd Frank Update asked multiple sources about the @CFPB’s relatively low #thirdQuarter #funding request and what it could signal about the agency’s direction.

More insight into the USPAP appraisal adjustment guidelines

Tue, 07 Apr 2026 15:36:59 GMT

In Part II of our conversation with Timothy Hansen, the veteran appraiser gives more detailed information as to what adjustments the Uniform Standards of Appraisal Practice tells appraisers need to be made moving forward. #appraisers #USPAP

FHFA highlights third-party risks to mortgage originators in 2026-2027 performance plan

Tue, 07 Apr 2026 15:33:10 GMT

FHFA highlights third-party risks to mortgage originators in 2026-2027 #performance #plan - The @FHFA’s annual performance plan for FY 2026-2027 included strategies and objectives for modernizing the #FHLBank system and the #GSEs.

Stewart Valuation Intelligence acquires AMC

Tue, 07 Apr 2026 15:28:32 GMT

Stewart Valuation Intelligence acquires AMC - Stewart Valuation Intelligence, a Stewart Information Services Corp. company, recently announced it has acquired Nationwide Appraisal Network, LLC, a nationally recognized appraisal management company with more than two decades of leading and shaping the appraisal industry.

TWO agrees to CrossCountry merger after terminating UWM agreement

Tue, 07 Apr 2026 15:27:41 GMT

TWO agrees to CrossCountry merger after terminating UWM agreement - @CrossCountrymtg Intermediate Holdco, LLC, entered into a merger agreement with Two Harbors Investment Corp., which previously agreed to be acquired by #UWM. #TWO

CFPB issues new RIF to cut staff in half, asks court to lift injunction

Thu, 02 Apr 2026 17:06:05 GMT

CFPB issues new RIF to cut staff in half, asks court to lift injunction - The @CFPB issued its second #RIF order in as many years and Dodd Frank Update sought insight from former bureau #attorneys about the #implications. #supervision #enforcement #regulations

What are the USPAP requirements for appraisal report adjustments?

Thu, 02 Apr 2026 16:55:46 GMT

Appraisers generally must comply with the standards within the Uniform Standards of Professional Appraisal Practice (USPAP). Timothy Hansen, owner of Blue Ridge Valuation Services, spoke with Dodd Frank Update about how to ensure a #USPAP-compliant #appraisal.

CFPB focuses on ‘tangible harm’ in FY 2026-2030 Strategic Plan draft

Thu, 02 Apr 2026 16:54:26 GMT

CFPB focuses on ‘tangible harm’ in FY 2026-2030 Strategic Plan draft - A draft version of the @CFPB's FY 2026-2030 #StrategicPlan would align heavily with executive orders issued by President Donald Trump. The plan is open for #comment.

Fed Gov. Michelle Bowman, Rep. French Hill discuss regulatory reforms at CBA LIVE

Thu, 02 Apr 2026 16:51:53 GMT

Fed Gov. Michelle Bowman, Rep. French Hill discuss regulatory reforms at CBA LIVE - Among the highlights from the @ConsumerBankers annual #conference was a March 31 session covering the impact certain #regulatory shifts could have on the #financial marketplace. #Bowman #Hill

CFPB publishes loan-level HMDA data for 2025 filers

Thu, 02 Apr 2026 16:47:34 GMT

CFPB publishes loan-level HMDA data for 2025 filers - The @CFPB announced the publication of 2025 #HMDA data on the #FFEIC HMDA Platform on March 31, with loan-level information collected from 4,768 financial institutions.

FDIC publishes 2025 Consumer Compliance Supervisory Highlights report

Thu, 02 Apr 2026 16:21:36 GMT

FDIC publishes 2025 Consumer Compliance Supervisory Highlights report - The @FDICgov released its “Consumer Compliance Supervisory Highlights," summarizing #compliance issues identified among #supervised state non-member #banks and #thrifts.

From crisis response to regulatory crossroads: 15 years of Dodd-Frank and the CFPB

Tue, 31 Mar 2026 12:00:06 GMT

From crisis response to regulatory crossroads: 15 years of Dodd-Frank and the CFPB - A lot has changed in the 15 years since Dodd Frank Update launched with the goal of helping to answer questions facing the #financial services industry and we continue to do so today. @CFPB #regulations #DoddFrank

The rise of the state examination network

Tue, 31 Mar 2026 12:00:05 GMT

The rise of the state examination network - As the @CFPB and other federal #financial #regulators pull back from some areas of supervision, #state regulators are stepping up to fill the void in many respects. Dodd Frank Update took note of multiple expert perspectives on the subject.

Appraiser coach says AI tools can help make SOP creation pain-free

Tue, 31 Mar 2026 12:00:04 GMT

Appraiser coach says AI tools can help make SOP creation pain-free - For this month’s installment of helpful appraisal tips from Dustin Harris, “The Appraiser Coach” addressed one of the biggest pain points he hears from #appraisers who want to grow – creating standard operating procedures. #SOP #coach

MISMO makes Housing Counseling Dataset available for implementation

Tue, 31 Mar 2026 12:00:03 GMT

MISMO makes Housing Counseling Dataset available for implementation - #MISMO, the real estate finance industry’s standards organization, announced that its new #Housing #Counseling #Dataset reached a major milestone on its road to #implementation, following a thorough review by industry participants.

Real estate valuation solution enhances commercial properties

Tue, 31 Mar 2026 12:00:02 GMT

Real estate valuation solution enhances commercial properties - Kroll, an independent provider of global financial and risk advisory solutions, recently announced the launch of a newly integrated AI-enabled #platform for commercial #realestate investors. #AI

Agencies seek industry feedback on Basel III capital proposals

Fri, 27 Mar 2026 17:43:54 GMT

Agencies seek industry feedback on Basel III capital proposals - The federal banking agencies published three #proposals for modernizing the #regulatory #capital #framework to streamline requirements while maintaining safety and soundness. @FederalReserve @FDICgov @USOCC

Appraiser, analyst looks at comp problem areas in today’s market

Fri, 27 Mar 2026 17:38:03 GMT

Appraiser, analyst looks at comp problem areas in today’s market - Ryan Lundquist, Certified Residential #appraiser and #housingmarket analyst, sat down with Dodd Frank Update to share insights on the problems that surface relating to #comparables.

What should lenders know about FinCEN’s vacated real estate reporting rule?

Fri, 27 Mar 2026 17:32:55 GMT

What should lenders know about FinCEN’s vacated real estate reporting rule? - Mortgage originators will not have to concern themselves with potential indirect effects of #FinCEN's Residential Real Estate Transfers rule following a federal court decision #vacating the controversial regulation. #AML

LIVE: Dodd Frank Update at 2026 CBA Conference

Fri, 27 Mar 2026 17:20:03 GMT

LIVE: Dodd Frank Update at 2026 CBA Conference - @ConsumerBankers (CBA) is hosting its annual conference, #CBALive2026, March 30-April 1. For real-time coverage of the event, follow Dodd Frank Update on X (@DoddFrankUpdate) as we share photos and updates.