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

Industry News | December 08, 2023

VA Circular 26-23-26 Federal Housing Finance Agency Announces 2024 Conforming Loan Limits

On November 28, 2023, the FHFA) announced the maximum conforming loan limits also known as CLL, which can impact the entitlement calculation for some Veterans.

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Agency | GSE News | December 07, 2023

Freddie Mac Bulletin 2023-24 Selling Updates

In this bulletin, Freddie Mac has announced several Selling updates, which include new conforming loan limit values for 2024, employed income documentation and verification requirements, cash-out refinance mortgage requirements, and much more.

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Agency | GSE News | December 06, 2023

Uniform Property Dataset Now Available

The Uniform Property Dataset (UPD) was implemented and is now available for lenders to use but will be required to use as of April 1, 2024.

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Federal Legislation | December 06, 2023

House Votes to Override CFPB Small Business Lending Rule

Ballard Spahr LLP--John L. Culhane, Jr., Richard J. Andreano, Jr., Michael Gordon & Alan S. Kaplinsky

The House of Representatives has voted to override the CFPB’s final Section 1071 small business lending rule following the Senate's vote to override the 1071 rule and the President is also expected to Veto the resolution and there is unlikely to be sufficient votes to override his veto.

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Agency | GSE News | December 05, 2023

VA Circular 26-23-25 Loan Repayment Relief for Borrowers

The purpose of this Circular is to announce a foreclosure moratorium and update servicers on how to assist borrowers.

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Agency | GSE News | December 04, 2023

Ginnie Mae APM 23-13: High Balance Loans

In this APM, Ginnie Mae has announced the high balance loan amount for pools and loan packages submitted on or after January 1, 2024.

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-Hilda Melendez, Quality Control Systems Director at Lennar Mortgage

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Agency | GSE News | December 01, 2023

FHA Mortgagee Letter 2023-23: Updates to the Home Equity Conversion Mortgage (HECM) Program

In this mortgage letter, FHA announced updates and streamlined policies for the HECM program to improve the long-term performance of the program.

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Agency | GSE News | November 30, 2023

Freddie Mac Bulletin 2023-23 LIBOR Replacement Index

This Bulletin announces changes to the single-family ARMs Refinitiv public replacement index names.

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