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 | January 22, 2021

MBA, Trade Groups Ask Biden to Create $25 Billion Housing Assistance Fund

Mortgage Bankers Association – Mike Sorohan

The Mortgage Bankers Association and industry trade groups, community organizations, and real estate businesses ask for President Joseph Biden Jr. to Include a $25 billion Housing Assistance Fund as a portion of the Administration’s proposed $1.9 trillion pandemic relief.

View Source

Industry News | January 22, 2021

Improving Housing Policy for Seniors, People of Color

DS News – Christina Huges Babb

Laurie Goodman, Vice President of Housing Finance Policy, examines the future of household growth, headship rate, and the homeownership rate through 2040.

View Source

Are You Up to Date?

Search our Compliance Calendar for current
regulatory changes & updates from Fannie,
Freddie, FHA, VA, and USDA.

Search Now

Industry News | January 22, 2021

2020 ends with 3.4 million loans in delinquency

Housing Wire – Alex Roha

According to a recent report from Black knight, 2020 ends with 3.4 million loans in delinquency.

View Source

Agency | GSE News, Disaster News | January 22, 2021

FHA Mortgagee Letter 2021-03 Extension of Foreclosure and Eviction Moratorium in Connection with the Presidentially-Declared COVID-19 National Emergency

FHA Mortgagee Letter 2021-03 announces an extension to the foreclosure and eviction moratorium originally issued in ML 2020-04, extended in MLs 2020-13 and 2020-19, 2020-27, and further extended in ML 2020-43 for borrowers with FHA-insured Single Family mortgages covered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act for an additional period through March 31, 2021.

View Source

Agency | GSE News | January 21, 2021

USDA Advance Copy Notice: HB-1-3555, Form RD 3555-21, and Appendix 7

The “New GUS” will be implemented on March 1, 2021and in preparation, several chapters in Handbook 1-3555 will be updated and USDA is providing 30 days to review the upcoming proposed changes to HB-1-3555, Chapters 2, 5, 8, 10, 12, 15, Form RD 3555-21, and Appendix 7.

View Source

Industry News | January 21, 2021

David Uejio named Acting CFPB Director

Ballard Spahr LLP--Alan S. Kaplinsky

President Biden has appointed David Uejio to serve as Acting CFPB Director.

View Source
Success Stories

Success Stories

Find out how ACES customers are achieving proven, measurable ROI

Read More

Industry News | January 21, 2021

US housing starts broke records in 2020

Mortgage Professional America--David Kitai

US new construction climbed by 5.8% in December ending the year at its best pace since late 2006.

View Source

Industry News | January 21, 2021

East Coast Housing Remains Vulnerable to Coronavirus Impact

Mortgage Bankers Association

According to ATTOM Data Solutions, almost a year of the coronavirus pandemic's onset, the housing markets in the Northeast and other parts of the East Coast remained most at risk during the fourth quarter.

View Source
Aces Audit Packs Header

Join the Pack

Improve your loan quality in 2021 with ACES Flexible Audit Technology.

Learn How

Stay Informed, Subscribe to the Compliance Newshub

Subscribe Now