Fannie, Freddie Revise Coronavirus Servicing Guidance to Reflect CARES Act Changes
Fannie Mae and Freddie Mac have issued updates to their servicing guidelines for servicers working with borrowers affected by the ...
Tag: Servicing
Regulators Offer Flexibility to Servicers Offering Mortgage Forbearance Options
Financial regulators on Friday issued a joint policy statement granting flexibility to mortgage servicers to work with borrowers struggling as ...
FHLBs Issue Guidance for Mortgage Partnership Finance Program Participants
The Federal Home Loan Banks’ Mortgage Partnership Finance program today released a statement outlining temporary policies to enable servicers to ...
HUD Proposes Changes to Foreclosure Sale Policies, Procedures
The Department of Housing and Urban Development is seeking feedback on a proposed set of changes aimed at improving its ...
CFPB Flags Lapses in Reg X Compliance After Disasters
Violations of Regulation X--including the failure of some mortgage servicers to provide certain loss mitigation notices, providing incomplete notices or ...
FDIC Research Shows Effect of Regulation on Nonbank Mortgage Market
In recent years, nonbanks have made major inroads into sectors like the single-family mortgage market, where they now originate more ...
CFPB Flags Mortgage Servicing Issues in Latest Supervisory Highlights
The Consumer Financial Protection Bureau today issued a “Supervisory Highlights” report focusing on recent examiner observations of several bank products ...
Compliance in 2019: What to Expect and Where to Focus
From HMDA to CRA and from fair lending to anti-money laundering, 2019 promises to be a busy year in the ...
CFPB Releases Report on 2013 Servicing Rule
The Consumer Financial Protection Bureau today released a major report assessing its 2013 RESPA mortgage servicing rule.
How the Government Shutdown Is Affecting Mortgage Lending
With the government shutdown entering its third week, mortgage lending and servicing operations are being affected.
