A groundbreaking partnership between two government agencies—U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA)— will address discrimination in housing and enhance federal enforcement of the Fair Housing Act. HUD, historically charged with administering ...
Read More »CFPB Measures Mortgage Servicer Performance
This is an opportunity for companies to identify and address internal pain points as borrower protections wind down, Acting Director Dave Uejio says.
Read More »Foreclosure Rate Holds Steady
The end of the government moratorium could lead to a steady increase in default activity for the rest of the year, but not a surge, experts predict.
Read More »A Congressional Call to Strengthen Foreclosure Protections
Rep. Maxine Waters reaches out to federal agencies to increase mortgage servicing protections.
Read More »Court Finds Foreclosure Filing Fee Unconstitutional
Illinois judges ruled a $50 charge earmarked for prevention efforts violated free access, equal protection, due process, and uniformity clauses.
Read More »CDC Announces New Targeted Eviction Moratorium Order
New mandate extends eviction protections for those in areas experiencing high levels of COVID-19 cases.
Read More »Americans’ Homeownership Hopes Endure
Prospective borrowers might be discouraged by the state of today's market, yet a growing number report plans to buy in 2021.
Read More »Phyllis Fong Named FHFA’s Acting Inspector General
The agency's Acting Director Sandra Thompson says the appointment will enable the regulator to more effectively execute its mission.
Read More »Mortgage Professionals Face ‘Staggering’ Operational Challenges
Servicers confront complex instructions from regulatory agencies as they prepare for 1.2 million homeowners to exit forbearance plans in 2021.
Read More »The Week Ahead: Regulating the Regulators
Does the U.S. financial system suffer from overregulation? A Senate Banking Committee will closely examine the nation’s regulatory structure and exactly who is governing who.
Read More »