Agency Guidelines on HMDA Data Testing Fall Harder on Smaller Lenders
The federal banking agencies today issued guidelines for how examiners will test the accuracy of data collected and reported by...
Mortgage
In First Step to Simplify Capital Rules, Agencies Pause Basel III Phase-In for Most Banks
The Federal Reserve, FDIC and OCC today issued a proposed rule that would pause the transition to the Basel III...
FinCEN Expands Geographic Targeting Orders to Include Honolulu
The Financial Crimes Enforcement Network today further expanded the scope of its geographic targeting orders temporarily requiring certain U.S. title...
OCC Issues Guidance on Programs for Home Loans with Over 100 Percent LTV
Noting that in many communities persistently depressed home prices are hindering recovery, the OCC today issued guidance for OCC-regulated banks...
HARP Extended through 2018 as Changes Made to High-LTV Refi Program
The Federal Housing Finance Agency today extended the Home Affordable Refinance Program through Dec. 31, 2018.
Watt: FHFA Will Not Build Short-Term Capital Buffer for GSEs
In a letter to the National Association of Realtors yesterday, FHFA Director Mel Watt signaled that the agency would not...
Fannie, Freddie Fail Stress Tests
Fannie Mae and Freddie Mac could need upwards of $100 billion in bailout funds if faced with another financial crisis,...
FHFA Reopens Limited English Proficiency RFI
The Federal Housing Finance Agency has reopened and extended the deadline of its request for information on how to serve...
Fannie Mae Reports $3.2B Profit in Second Quarter
Fannie Mae today said that it earned net income of $3.2 billion in the second quarter, up from $2.8 billion...
ABA Urges Careful Consideration of Cost, Reg Burden in ATR Review
ABA yesterday urged the Consumer Financial Protection Bureau to carefully consider costs and burdens associated with its Ability-to-Repay/Qualified Mortgage rule...
