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 | October 22, 2020

FHA Mortgagee Letter 2020-36 New Construction Requirements

This mortgagee letter makes changes to HUD’s maximum financing policy for new construction loans.

View Source

Federal Legislation | October 22, 2020

Consumer Financial Protection Bureau Releases Advance Notice Of Proposed Rulemaking On Consumer Access To Financial Records

The CFPB issued an advance notice of proposed rulemaking (ANPR) requesting information related to consumer access to financial records, requesting feedback specifically on implementing Section 1033 of the Dodd-Frank Act; comments are due within 90 days after the ANPR’s publication in the Federal Register.

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

Agency | GSE News | October 22, 2020

Freddie Mac Find Out What’s New and Coming Soon to Loan Selling Advisor®

Freddie Mac highlights new and upcoming enhancements to Loan Selling Advisor®, including: Enhancements to $225,000 Low Loan Balance Cash Payup Process; A New Cash Delivery Data Set; Eligible SOFR-Indexed ARMs; and Critical Edits for Due Date of Last Paid Installment (DDLPI) Delivery Requirements.

View Source

Industry News | October 22, 2020

4 trends in mortgage fraud to watch out for

National Mortgage News--Bonnie Sinnock

According to a LexisNexis Risk Solutions study, mortgage fraud has increased in part due to remote operations during the pandemic.

View Source

Agency | GSE News | October 22, 2020

FHFA Extends Policy on Purchasing Mortgages in Forbearance

MReport – Phil Hall

The Federal Housing Finance Agency (FHFA) has revealed a one-month extension of its temporary policy of permitting the purchase of some single-family mortgages in forbearance that meet specific eligibility criteria as established by Fannie Mae and Freddie Mae.

View Source

Agency | GSE News | October 22, 2020

Fannie Asks Mortgage Execs How to Improve Condo Lending

Mortgage News Daily

Fannie Mae’s latest Lender Sentiment Survey concentrates on the complexity of lending to the condominium market.

View Source
Ad qc now

QC Now web series

Get QC insights from experts to stay informed during unpredictable times.

Register Now

Industry News | October 22, 2020

Competition Heats Up for Entry-level Homebuyers

MReport – Cristin Espinosa

American homebuyers are quickly pulling affordable homes off the market, indicating that the competition for entry-level homes is on the rise this season.

View Source

Agency | GSE News | October 21, 2020

Fannie Mae Q3 2020 Quarterly Milestones

Fannie Mae's Q3 2020 edition of the Quarterly Milestones gets you caught up with the latest technology, policy, resources, and announcements.

View Source
Ad webinars

On Demand Webinar

How to turn your Quality Control Team into a revenue retention department.

Access Now

Stay Informed, Subscribe to the Compliance Newshub

Subscribe Now