Five federal regulatory agencies—including CFPB, Treasury, Federal Reserve, FDIC, and National Credit Union Administration—have requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.
Read More »How Real-Time Policymaking Drives Mortgage Innovation
Dan Sogorka of Sagent explains how regulators pivot in times of crisis to maintain stability in the marketplace, bringing order to chaos and preventing systemic breakdowns.
Read More »First Republic Becomes Second-Largest Bank Failure in History
First Republic Bank, with assets of $229B, was taken over by the FDIC and purchased by JPMorgan Chase.
Read More »A Guiding Light for Borrowers in Forbearance
John Vella, Chief Revenue Officer of Selene Finance LP, sits down with DS News to discuss the state of the servicing sector, as well as lessons learned from listening and working with borrowers on the path to a successful resolution of their forbearance plans.
Read More »Mitchell Sandler Announces Appointment of Liana Prieto as Partner
Mitchell Sandler is excited to announce the addition of Liana Prieto as a partner. Liana brings over 15 years of experience in financial services in both the private and public sectors to Mitchell Sandler, where she will continue to serve as a trusted ...
Read More »The Week Ahead: Modernizing the Community Reinvestment Act
An Urban Institute webinar next week will bring together representatives of the Federal Reserve, FDIC, and Office of the Comptroller of the Currency to discuss the CRA. Here's what's happening in The Week Ahead.
Read More »Announcing Five Star’s Laurie Maggiano Executive of the Year Finalists
During the 2021 Five Star Conference, the annual Women in Housing Leadership awards will once again honor some of the industry’s most accomplished female executives. Today, we introduce you to the finalists for the Laurie Maggiano Executive of the Year Award.
Read More »House Financial Services Committee Chair Calls for CRA Changes
In a letter to the OCC and the FDIC, Congresswoman Maxine Waters suggests suspending efforts to revise the Community Reinvestment Act and any "unrelated rulemakings."
Read More »Regulators Push Community Reinvestment Act Comment Deadline
The Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency have extended the public comment period for proposed changes to the rules implementing the CRA until April 8, 2020.
Read More »Federal Banking Agencies Address “Too Big to Fail”
Federal banking agencies recently proposed a rule to reduce the impact from failure from the largest banks. Here's what's in the proposed rule.
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