The Compliance NewsHub

Your Financial Credit & Compliance Research Library.

Compliance Updates and News that Matter

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.

Recent News

Federal Legislation | July 30, 2021

CFPB Confirms Effective Date for Debt Collection Final Rules

The CFPB announced that two final rules issued under the Fair Debt Collection Practices Act (FDCPA) will take effect as planned, on November 30, 2021.

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Agency | GSE News, Disaster News | July 30, 2021

VA Extended Eviction Relief for Borrowers Affected by COVID-19

VA Circular 26-21-14 announces the extension of foreclosure-related evictions through September 30, 2021, on properties previously secured by VA-guaranteed loans (including properties in VA’s Real Estate Owned portfolio; excluding vacant or abandoned properties).

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Agency | GSE News, Disaster News | July 30, 2021

FHA Mortgagee Letter 2021-19 Extension of the Foreclosure-Related Eviction Moratorium and Expiration of the Foreclosure Moratorium in Connection with the Presidentially-Declared COVID-19 National Emergency

FHA announces the extension of the foreclosure-related eviction moratorium through September 30, 2021, and reminds servicers of the expiration of the foreclosure moratorium on July 31, 2021.

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Agency | GSE News, Disaster News | July 30, 2021

USDA Expiration of the Foreclosure Moratorium and Extension of Foreclosure Related Eviction Moratorium in Connection with the Presidentially Declared COVID-19 National Emergency

USDA is extending its moratorium on evictions through September 30, 2021 for Single Family Housing Guaranteed Loan Program (SFHGLP) borrowers; however, the foreclosure moratorium remains unchanged and will expire on July 31, 2021.

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Agency | GSE News, Disaster News | July 30, 2021

FHFA Extends COVID-19 REO Eviction Moratorium Through September 30, 2021

Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratorium on single-family real estate owned (REO) evictions until September 30, 2021.

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Industry News | July 30, 2021

White House Calls On Lawmakers to Renew Eviction Ban

M Report-- Christina Hughes Babb

The White House urges Congress to extend the eviction moratorium, set to expire July 31, 2021.

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Fulton

Lender slashes review times by 75%

Consumer Lender Exceeds Expectations with ACES

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Industry News | July 30, 2021

MISMO Creates Community of Practice to Explore Market Need, Potential Standards for ESG Initiatives

Mortgage Bankers Association

MISMO created a new Community of Practice focused on exploring potential standards for Environmental, Social & Governance initiatives to meet the needs of market participants.

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Industry News | July 30, 2021

MBA, Trade Groups Urge Senate Confirmation of Julia Gordon as FHA Commissioner

Mortgage Bankers Association – Mike Sorohan

The Mortgage Bankers Association and several dozen industry trade groups sent a letter to Senate leadership recommending confirmation of Julia Gordon as HUD Assistant Secretary for Housing and Commissioner of the Federal Housing Administration.

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