GAO: Regulatory Framework around Nonbank Servicers Could Be Stronger
The current regulatory framework could be strengthened to give the Federal Housing Finance Agency and others greater supervisory authority over...
Mortgage
ABA Responds to Congressional Inquiries about TRID
The American Bankers Association today responded to inquiries from House Financial Services Committee members about the effects of the TILA-RESPA...
Survey: Homebuyers Focused on Long-Term Goals, Not Starter Homes
Most first-time homebuyers are approaching homeownership with a long-term mindset, according to Bank of America’s first-ever Homebuyer Insights Report released...
Consumer Delinquencies Fall Sharply in Fourth Quarter
Delinquencies in closed-end loans fell sharply in the fourth quarter of 2015 as home values steadily increased, according to the...
CFPB Updates Compliance Guides to Reflect Rural/Underserved Rule
The Consumer Financial Protection Bureau has updated certain compliance guides related to Regulation Z to reflect last week’s rule broadening...
OCC: Mortgage Performance Improves Year-on-Year
The share of current and performing first-lien mortgages rose to 94.1 percent for the fourth quarter of 2015, up from...
Chase Survey Explores Opinions of ‘DIY Homebuyers’
While technology is reshaping the way Americans search for homes, most homebuyers still want to consult with mortgage and real...
CFPB Posts Recording of TRID Construction Lending Webinar
The Consumer Financial Protection Bureau today posted a recording of its March 1 webinar on complying with the TILA-RESPA integrated...
FHFA’s Watt Signals Decision Soon on Principal Reduction
The Federal Housing Finance Agency will announce within the next month whether it will implement a limited principal reduction program...
CFPB Rule Broadens QM Coverage for Lenders in Rural, Underserved Areas
The Consumer Financial Protection Bureau today issued an interim final rule broadening the availability of certain special provisions for small...
