FSOC to Conduct Assessment of Secondary Mortgage Market
The Financial Stability Oversight Council announced today that it plans to undertake an activities-based review of the secondary mortgage market...
Mortgage
FHFA Extends Loan Processing Flexibilities for GSEs
To continue providing support to mortgage borrowers during the coronavirus pandemic, the Federal Housing Finance Agency said it would extend...
Podcast: Healing ‘Pain Points’ for Multigenerational Family Businesses
Wendy Cai-Lee leads one of the latest crop of U.S. de novo banks: Piermont Bank, opened to address "pain points"...
CFPB Proposes Exemption from Escrow Requirements for High-Priced Mortgages
The Consumer Financial Protection Bureau today proposed to exempt certain higher-priced mortgage loans from a requirement under Regulation Z to...
Podcast: A Trans-Pacific Banking Perspective
Based in San Francisco and leading California's market for the Bank of Guam, plus currently serving as chairman of the...
GSEs Extend Forbearance Agreements for Multifamily Property Owners
The Federal Housing Finance Agency today announced that Fannie Mae and Freddie Mac will extend forbearance agreements for multifamily property...
Agencies Propose New, Revised Questions and Answers on Flood Insurance
The banking agencies today released several new interagency questions and answers on flood insurance compliance, as well as a major...
Podcast: OCC’s Brooks Plans to Unveil ‘Payments Charter 1.0’ This Fall
The OCC is planning to unveil what Acting Comptroller Brian Brooks called "payments charter 1.0" as soon as this fall,...
Agencies Release 2019 HMDA Data
The Federal Financial Institutions Examination Council today released the 2019 Home Mortgage Disclosure Act data on mortgage lending transactions at...
CFPB Grants Flexibility to Servicers Offering Forbearance Options to Borrowers
The Consumer Financial Protection Bureau today granted flexibility under Regulation X for servicers to offer deferral options to borrowers as they transition...
