The Bureau has ordered the bank to pay $12 million into the CFPB’s victims relief fund for falsifying forms about mortgage applicants and reporting incorrect information to federal regulators.
Read More »CFPB Examines State Community Reinvestment Laws
The Bureau has issued a new analysis on state Community Reinvestment Act laws, examining affirmative lending, service delivery, and investment obligations by mortgage companies and deposit-taking institutions. Read the details after the link.
Read More »CFPB Releases Annual Report on Residential Mortgage Lending Activity
"The higher interest rate environment had profound effects on the mortgage market in 2022, with borrowers paying much more in monthly payments,” said CFPB Director Rohit Chopra. Click through to read more on the CFPB’s analysis of 2022 HMDA data.
Read More »Aggregate 2022 Mortgage Lender Data Now Available to Review
The Federal Financial Institutions Examination Council (FFIEC) announced that data from 4,460 U.S. financial institutions on the state of 2022 mortgage lending activity as reported by the Home Mortgage Disclosure Act (HDMA) is now available to view.
Read More »New CFPB Rule Impacts HMDA Reporting
Under a new order from the CFPB, loans reportable under the Home Mortgage Disclosure Act will not need to be reported under the new small business lending rule.
Read More »FHFA Finalizes GSE’s Housing Goals
To meet its goal of supporting equitable access to housing opportunities nationwide, the FHFA has issued its single-family and multi-family housing goals and subgoals for 2022-2024.
Read More »CFPB Seeks Input to Combat Discrimination
The Bureau has requested public comment on HMDA in order to better support fair lending practices for all.
Read More »FHFA Charts Goals to Boost Minority Homeownership
New goals set forth by the GSEs establish benchmarks and seek to promote equitable access to affordable housing for all.
Read More »New Dataset Examines 2020 Homebuying Trends
A new report from the Federal Financial Institutions Examination Council (FFIEC) tracks 22 million+ home loan applications, detailing purchase trends across a number of ethnicities.
Read More »House Committee Addresses Lending Equality
Congressional markup sees up two pieces of legislation drafted to advance racial and gender equity, and provide fairness for LGBTQ+ persons in housing and lending.
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