Search our Compliance Calendar for current
regulatory changes & updates from Fannie,
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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.
DS News -- Christina Hughes Babb
According to Fannie Mae's Economic and Strategic Research (ESR) Group, expects America's economy to grow in 2021.
M Report – Phil Hall
According to a recent report published by the California Association of Realtors (CAR), the California housing market closed in 2020 with a vibrant sales rate and a fifth record-high median price in December, despite the hurdles stemming from the pandemic.
View SourceSearch our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.
M Report -- Phil Hall
Black Knight Inc., a Jacksonville, Florida-based company, reveals Seller Digital, a correspondent lending platform designed for lenders seeking to track commitment pipelines, manage conditions, and validate pricing to register and lock Best Efforts loans and allocate Mandatory loans to commitments.
View SourceReverse Mortgage Daily – Chris Clow
According to a recent Home Equity Conversion Mortgage (HECM) Originators report from Reverse Market Insight (RMI), HECM endorsements fell in November 2020.
View SourcePresident elect Joe Biden has announced Rohit Chopra, the FTC Commissioner , as the head of the Consumer Financial Protection Bureau.
View SourceFannie Mae releases notes for upcoming changes to its Cash Remittance System (CRS) effective March 08, 2021.
View SourceFinCEN announced that Capital One, National Association has been assessed a $390,000,000 civil money penalty for engaging in both willful and negligent violations of the Bank Secrecy Act and its implementing regulations.
View SourceThe CFPB filed a lawsuit against 1st Alliance Lending, LLC and its principals for allegedly engaging in various unlawful mortgage-lending practices, including violation of the Truth in Lending Act (TILA), the Fair Credit Reporting Act (FCRA), the Equal Credit Opportunity Act (ECOA), the Mortgage Acts and Practices—Advertising Rule (MAP Rule), and the Consumer Financial Protection Act of 2010 (CFPA).
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