GAO Report: Compliance Burden Increasing for Community Banks
Community banks continue to experience increases in compliance burdens associated with Dodd-Frank Act rules, the Government Accountability Office said yesterday ...
Tag: Ability to repay and qualified mortgage
FHFA: Q3 HARP Refinances Down
More than 495,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the third quarter, with 25,824 refinanced ...
House Passes ABA-Advocated Portfolio Lending Bill
By a bipartisan 255-174 vote, the House today passed H.R. 1210, which would designate all mortgage loans that institutions originate ...
FHA Relaxes Restrictions on Agency-Backed Condo Loans
The FHA in a letter today announced that effective immediately, it will loosen restrictions for one year on agency-backed condo ...
CFPB Releases 2016 Lists of Rural, Underserved Counties
The Consumer Financial Protection Bureau today released lists of rural counties and rural or underserved counties to use in 2016 ...
CFPB Finalizes Relief for Small, Rural Mortgage Lenders
The Consumer Financial Protection Bureau today finalized several changes -- many advocated by ABA -- that will increase the number ...
CFPB Updates Reg Z Dollar Thresholds
The Consumer Financial Protection Bureau today announced 2016 changes in dollar thresholds for several Regulation Z provisions governed by the ...
ABA Welcomes Relief Bill for FHLB Mortgages
ABA wrote to Sen. Heidi Heitkamp (D-N.D.) yesterday thanking her for introducing S. 1974, the Relationship Lending Preservation Act. The ...
Weekly Infobyte: Is Mortgage Origination Reviving?
After plummeting in early 2014, mortgage origination volume is climbing this year.
