CFPB Finalizes Extension to GSE QM Patch
The CFPB today finalized a rule extending the temporary “GSE patch,” which grants QM status to loans eligible to be...
Mortgage
Mortgage Lenders Say Staff Safety, Supply Chain Disruption Are Biggest Pandemic Challenges
Mortgage lenders said their biggest challenges due to the pandemic include the health and safety of their staff, supply chain...
ABA Supports New Proposed QM Category
In a comment letter to the CFPB today, ABA supported a recent proposal to create a new category of “seasoned”...
CFPB Assessment Finds TRID Rule Imposed ‘Sizable’ Costs for Lenders
The Consumer Financial Protection Bureau’s TILA-RESPA Integrated Disclosure Rule “appears to have created sizable implementation costs for lenders,” the bureau...
FHLBs’ Affordable Housing Funds Hold Steady in 2019
The Federal Home Loan Banks awarded approximately $458 million in affordable housing program funds in 2019, approximately the same as...
Podcast: Plotting the Future Path of the CRE Sector
Commercial real estate has faced substantial headwinds from stay-at-home orders and changing consumer behavior, and in many cases CRE has...
Supporting Our Community with the Help of Technology
With the pandemic lingering like a houseguest who refuses to go home, it’s reassuring to know that we can meet...
Acknowledging Systemic Risk, FSOC Endorses Plan to Raise Fannie, Freddie Capital
While not going so far as to designate the GSEs as systemically important financial institutions, the Financial Stability Oversight Council...
CEO Q&A: Healing ‘Pain Points’ for Family Businesses
A conversation with Wendy Cai-Lee of de novo Piermont Bank on the unique needs of multigenerational family firms.
Delinquent GSE Mortgages Rise Due to COVID-19
The number of homes backed by Fannie Mae and Freddie Mac that are 60 or more days past due jumped...
