The latest non-performing loan sale, Fannie Mae's fourth overall, will include a smaller Community Impact Pool.
Read More »CUNA: CPPB has ‘Overstepped the Boundaries’ With Expanded HMDA Rule
The Consumer Financial Protection Bureau nearly tripled the amount of data fields lenders must report under the Home Mortgage Disclosure Act. Is it too much?
Read More »New Reports Conclude Dodd-Frank Has Adversely Affected Main Street
The Dallas Fed report concluded that many community financial institutions may be “too small to succeed” in the era of the “regulatory onslaught” brought on by Dodd-Frank.
Read More »Latest Look Offers Mixed Default Picture
New foreclosure starts are at their lowest level since 2005, three years before the crisis.
Read More »U.S. District Court Hands Down Servicer Fee Decision
The question before the court was whether the least sophisticated consumer would have nonetheless understood the security agreement to obligate Prescott to pay such fees; the court held the answer to be no.
Read More »AACER: Pardon the Interruption. . .Bankruptcy Filings Resume Their Decline
Bankruptcy filings experienced a rare year-over-year climb in November, but it was not sustained in December, according to AACER.
Read More »Private Sector Job Market Shows No Signs of Slowing
Strong job growth in October and November was one of the main economic factors that led the Federal Reserve to raise rates in November.
Read More »CFPB Seeks Public Comment on Home Mortgage Disclosure Act Data Points
Lenders have been troubled by the Home Mortgage Disclosure Act (HMDA) data points for many years, but they may see some relief in the near future.
Read More »Consumer Sentiment Ends 2015 at an All-Time High
The year 2015 was a year of prosperity and growth for the housing market, prompting more positive consumer sentiment toward housing and the overall economy.
Read More »Watchdog Recommends FHFA Enhance Risk Assessment Audits for GSEs
Despite having similar business models and charters, Fannie Mae and Freddie Mac have significant variations in risk assessments between them. What does the OIG recommend is the best way to reduce these variations?
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