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 | November 24, 2020

Freddie Mac Loan Limits Are Increasing by 7.42% in 2021

Freddie Mac confirmed the new general and high-cost area conventional loan limits for 2021.

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Agency | GSE News | November 24, 2020

Fannie Mae Lender Letter (LL-2020-14) Confirmation of Conventional Loan Limits for 2021

Fannie Mae published LL-2020-14 confirming the new general and high-cost area conventional loan limits for 2021.

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Agency | GSE News | November 24, 2020

​FHFA Suspended Counterparty Program Updated

FHFA published an updated list of each person that is currently suspended under the Suspended Counterparty Program.

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Agency | GSE News | November 24, 2020

FHFA increases conforming loan limits in 2021

FHFA published the conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2021: the standard 2021 maximum conforming loan limit for one-unit properties will be $548,250, an increase from $510,400 in 2020.

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State News | November 23, 2020

Home Equity Lending Interpretation Amendments Adopted by the Finance Commission of Texas and Texas Credit Union Commission

Black, Mann & Graham LLP

The Finance Commission of Texas and the Texas Credit Union Commission adopted amendments to multiple home equity lending regulations, including technical edits, updates, and repeals; effective November 26, 2020.

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Agency | GSE News | November 23, 2020

USDA Launches AskUSDA, Improves and Streamlines Customer Experience

USDA launches the AskUSDA Contact Center program, which will serve as the “one front door” for phone, chat, and web inquires, transforming how the public interacts with USDA and providing an enhanced experience for the public.

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Legal News | November 23, 2020

Consumer Financial Protection Bureau Sues Debt Settlement Company FDATR, Inc., and Owners Dean Tucci and Kenneth Wayne Halverson

The CFPB filed a lawsuit against a student-loan debt relief and credit-repair services company for violating the Telemarketing Sales Rule (TSR) by engaging in deceptive and abusive telemarketing acts or practices and the Consumer Financial Protection Act of 2010 (CFPA) through deceptive acts or practices.

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Legal News | November 23, 2020

Consumer Financial Protection Bureau Settles with U.S. Equity Advantage, Inc. and Its Owner, Robert M. Steenbergh, for Deceptive Sales Practices

The CFPB issued a consent order against an auto loan finance company for misleading statements in disclosures and advertisements of its auto loan payment program in violation of Unfair, Deceptive, & Abusive Acts and Practices (UDAAP).

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