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The Compliance NewsHub delivers mortgage, credit and compliance headlines and breaking news to help compliance and quality control professionals easily find relevant news and important regulatory dates.
The FDIC issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA) in March 2021.
View SourceVirginia Senate Bill 1392 enacts the Consumer Data Protection Act (CDPA), which in similarity to California's CCPA/CRPA, establishes a framework for controlling and processing consumers’ personal data; effective January 1, 2023.
View SourceSearch our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
USDA has updated Handbook 1-3555 Chapter 9 to provide guidance regarding the treatment of Mortgage Credit Certificates (MCC) in conjunction with the implementation of the new Guaranteed Underwriting System (GUS), which must be adhered to for all applications effective April 1, 2021.
View SourceMortgage Bankers Association
The Mortgage Bankers Association asked the Senate to approve Marcia Fudge as HUD Secretary.
View SourceMortgage Bankers Association
For 60-day, MISMO is looking for public comment on the MISMO Life of Loan business Model and MISMO Engineering Guidelines (MEG) 3 and 6.
View SourceMortgage Professional America – Candyd Mendoza
PCMA launches its new advertising campaign to try and reach more affluent and high net worth borrowers.
View SourceHousingwire--Alex Roha
The average 30 year fixed interest rate increased 5 basis points last week to 3.02%, marking the first time since July rates have been over 3%.
View SourceBallard Spahr--Christopher J. Willis
A Massachusetts magistrate judge has denied the CFPB’s motion for partial dismissal of a lawsuit filed to challenge the creation of the CFPB’s Taskforce on Federal Consumer Financial Law.
View Source