Compliance NewsHub
Industry News

This topic consolidates the heartbeat of today's mortgage banking environment with news stories relevant to the financial compliance industry. 

Subscribe Today

November 20, 2020

OCC Proposes Fair Access Rule

The OCC has released a proposed rule to ensure fair access to banking services.

View Source

November 20, 2020

Why the NAHB sees positivity in multifamily

Mortgage Professional America – Candyd Mendoza

The market for newly-built apartments and condos continued to show progress in the third quarter of 2020.

View Source

November 20, 2020

Bill Clinton Foundation Hosts Discussion of Affordable Housing

MReport – Cristin Espinosa

The Bill Clinton Foundation has introduced a virtual conference series titled “Building an Inclusive Recovery,” aiming to address racial and economic disparities in the wake of COVID-19.

View Source

November 19, 2020

Extensions Account for Most Forbearance Activity

DS News – Christin Hughes Babb

For the 11th week in a row, the number f loans in forbearance fell, according to the Mortgage Bankers Association.

View Source

November 19, 2020

Survey Reveals Homebuyers’ Remorse

M Report – Andy Beth Miller

According to professionals at Flyhomes, most Americans experience a far less fairytale experience than they expected when on the journey to purchase their dream homes.

View Source

November 18, 2020

Two Industry Veterans Lead Law Firm’s Expansion

DS news – Christina Hughes Babb

Brock & Scott, PLLC, a Philadelphia, PA-based default law practice, revealed its default law practice is expanding into Pennsylvania and New Jersey.

View Source

November 18, 2020

NAHB sees record-breaking homebuilder confidence in November

Mortgage Professional America – Candyd Mendoza

According to the latest NAHB/Wells Fargo Housing Market Index (HMI), the nations’ homebuilders are on an all-time high as they posted a record-breaking increase in confidence levels in October.

View Source

November 17, 2020

eOriginal launches hub for lenders to find RON partner

Housing Wire -- Kelsey Ramirez

eOriginal introduced its new ClosingCenter 2.3, which includes a hub to link lenders to the right remote online notarization partner.

View Source

November 17, 2020

Citadel Servicing Corporation Launches Mortgage Program for Self-Employed Borrowers

M Report – Cristin Espinosa

Citadel Servicing Corporation, one of the largest independent Non-QM Speciality finance lenders, has launched a mortgage program for self-employed borrowers.

View Source

November 16, 2020

PNC Announces Agreement To Buy BBVA USA Bancshares, Inc.

PNC Financial has agreed to buy the Spanish financial group, BBVA for 11.6 billion making itself one of the largest US banks.

View Source

November 16, 2020

NAR’s Yun says median home price rising “much too fast”

Housingwire--Julia Falcon

The National Association of Realtors is reporting that the median single-family home price increased in all 181 metro areas that it tracks.

View Source

November 16, 2020

Zillow: There’s no going back from RON

Housingwire--Kelsey Ramírez

According to Zillow's earnings report, over 60% of its customers closed using RON.

View Source

November 16, 2020

FTC Issues Agency Financial Report for Fiscal Year 2020

The FTC has issued its Fiscal Year 2020 Agency Financial Report that highlights accomplishments and key management performance.

View Source

November 16, 2020

Home Sellers Face Bidding Wars in Unusually Competitive Season

M Report – Andy Beth Miller

According to a Redfin report, competition in the housing market has decreased since the autumn season.


View Source