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

Agency | GSE News | April 19, 2021

FHA INFO #21-23 Updated Servicing and Loss Mitigation Section of Handbook 4000.1

FHA announced the publication of the Servicing and Loss Mitigation section (Section III) of the Single Family Housing Policy Handbook 4000.1 effective August 17, 2021; however, Servicers may begin to implement these updates immediately.

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Federal Legislation | April 19, 2021

CFPB Rule Clarifies Tenants Can Hold Debt Collectors Accountable for Illegal Evictions

The CFPB published an interim final rule the Fair Debt Collection Practices Act (FDCPA) in support of the Centers for Disease Control and Prevention (CDC)’s eviction moratorium effective May 3, 2021.

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Legal News | April 19, 2021

OFAC Notice of OFAC Sanctions Actions

OFAC has published the names of additional persons that have been added to the Specially Designated Nationals and Blocked Persons List.

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Agency | GSE News | April 19, 2021

Freddie Mac Announce New Single-Family Seller/Servicer Guide Online Features

Freddie Mac announces that based on user feedback, new features have been added to the online Single-Family Seller/Servicer Guide (Guide) at guide.freddiemac.com, including featured policy resources, more navigation paths, glossary tool tips, quick access to upcoming changes, and the addition of an archives tab.

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Industry News | April 19, 2021

Fannie Mae makes supply-demand forecast

Mortgage Professional America – Duffie Osental

According to a new report from Fannie Mae, the continuing imbalance between demand and supply in the housing market will likely drive home prices higher throughout 2021

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Industry News | April 19, 2021

Lender launches sweepstakes for military service members and veterans

Mortgage Professional America – Duffie Osental

Veterans United Home Loans has partnered with realtor.com to give away $100k to help one lucky military service member or veteran with their homeownership goal.

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Federal Legislation | April 16, 2021

CFPB Updates Debt Collection Small Entity Compliance Guide

The CFPB updated the Debt Collection Small Entity Compliance Guide to include a discussion of the December 2020 Final Rule.

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Federal Legislation | April 16, 2021

FDIC Risk Management Manual of Examination Policies Updated

FDIC has updated the Risk Management Manual of Examination Policies (RMS Manual); specifically, updates to Section 20.1 include revised instructions to address management concurrence requirements for changes in examination scope.

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