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 | August 10, 2022

Fannie Mae Servicing Guide Announcement SVC 2022-06

The Servicing Guide has been updated to include changes to Fair lending data requirements*, which incorporates new policies into the Servicing Guide that result in servicer maintenance of certain fair lending data elements, effective March 1, 2023.

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Agency | GSE News | August 10, 2022

Freddie Mac Servicing Bulletin 2022-17

This Guide Bulletin announces a new requirement for Servicers to maintain certain fair lending data elements, effective March 1, 2023, and also includes additional updates to requirements for partial releases, easements, and acquisition and updates from Bulletin 2022-16, effective immediately.

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Industry News | August 10, 2022

Ahead of MBA Survey, Reports Show Drops in Delinquencies, Foreclosures

Mortgage Bankers Association–Mike Sorohan

CoreLogic and ATTOM show a decrease in mortgage delinquencies and foreclosure activity before the quarterly MBA National Delinquency Survey release.

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Legal News | August 09, 2022

New Orleans Man Sentenced for Mortgage Fraud

A 72 year old resident of New Orleans, Louisiana, was sentenced on August 4, 2022 for mortgage fraud and sentenced to time served, 5 years of supervised release, $751,900 in restitution, and a mandatory $100 special assessment fee.

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Agency | GSE News | August 09, 2022

HUD No. 22-146: HUD Announces Nearly $3 Million In Loan Guarantee For Babylon, NY To Create A Multi-Purpose Greenhouse Public Facility

The U.S. Department of Housing and Urban Development (HUD) has awarded the Town of Babylon in the State of New York a nearly $3 million loan guarantee to create a multi-purpose greenhouse public facility.

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Industry News | August 09, 2022

MBA Letter to Agencies Targets Topline CRA Issues

Mortgage Bankers Association – Mike Sorohan

The Mortgage Bankers Association contacts federal regulatory agencies to discuss topline issues crucial to improving the current Community Reinvestment Act plan.

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Industry News | August 09, 2022

July Mortgage Credit Availability at 9-Year Low

Mortgage Bankers Association

According to the Mortgage Bankers Association, mortgage credit availability dropped for the fifth straight month in July to its lowest level in nine years

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Agency | GSE News | August 08, 2022

FHA Mortgagee Letter 2022-12 Reserve for Replacement Lender Delegation

In this mortgagee letter, the U.S. Department of Housing and Urban Development provides all FHA -approved multifamily mortgagees and servicers with the consciousness and direction of the Reserve for Replacement (RFR) Lender Delegation policy.

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