OCC Finalizes Changes to OREO Regulations
The OCC is finalizing the first changes in two decades to its regulations on other real estate owned, or OREO.
Mortgage
ABA, Trade Groups Welcome HUD Proposal on ‘Disparate Impact’ Claims
ABA, the Consumer Bankers Association and the Housing Policy Council today welcomed the Department of Housing and Urban Development’s proposed...
New Analysis Supports Raising HMDA Reporting Threshold for Closed-End Mortgages
In a comment letter to the Consumer Financial Protection Bureau this week, ABA urged the bureau to consider raising the...
Joint Comment Letter Highlights ‘Astoundingly High’ Cost of 2015 HMDA Rule
Implementation of the Consumer Financial Protection Bureau’s 2015 Home Mortgage Disclosure Act rule resulted “astoundingly high” costs for creditors, the...
CFPB Offers HMDA Reporting Relief for Smaller Institutions
The Consumer Financial Protection Bureau today issued a final rule providing relief for smaller institutions from the Home Mortgage Disclosure...
FHLBs’ Affordable Housing Funds Up 15% in 2018
The Federal Home Loan Banks awarded approximately $458 million in affordable housing program funds in 2018, a 15% increase from...
Survey Finds Cost of Funds Top of Mind for Community Bankers
Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released...
OCC: Mortgage Performance Improves Slightly in Q2
The share of current and performing first-lien mortgages in the second quarter of 2019 was 96.1%, up from 95.6% a...
Treasury, FHFA Allow GSEs to Retain $45B in Earnings
Fannie Mae and Freddie Mac will retain a total of $45 billion in earnings under a new agreement reached with...
FHFA Directs FHLBs to End Dependence on Libor
With the future of the London Interbank Offered Rate uncertain beyond 2021, the Federal Housing Finance Agency today directed the...
