In January 2020 the Federal Housing Finance Agency (FHFA) published a request for input on Property Assessed Clean Energy (PACE) transactions involving residential property. ...more
3/18/2020
/ Clean Energy ,
Consumer Financial Protection Bureau (CFPB) ,
Economic Growth Regulatory Relief and Consumer Protection Act ,
Energy Efficiency ,
Energy Projects ,
Fannie Mae ,
FHFA ,
Financing ,
Freddie Mac ,
Mortgages ,
PACE ,
Property Owners
The U.S. Department of Treasury recently issued the long-awaited Housing Reform Plan, and among various topics the Plan addresses the temporary qualified mortgage under the Regulation Z ability-to-repay rule for loans that...more
9/9/2019
/ Ability-to-Repay ,
Advanced Notice of Proposed Rulemaking (ANPRM) ,
Consumer Financial Products ,
Fannie Mae ,
Financial Regulatory Reform ,
Freddie Mac ,
GSE ,
Housing Market ,
Mortgages ,
Qualified Mortgage Rule ,
Regulation Z ,
Rulemaking Process ,
U.S. Treasury
The Federal Housing Finance Agency (FHFA) recently announced a nearly 7% increase in the conforming mortgage loan limits for 2019....more
Fannie Mae and Freddie Mac have announced that they have published redesigned versions of their Uniform Residential Loan Application Form (URLA), the first substantial revision to the form in more than 20 years. The update to...more
The Federal Housing Administration (FHA) announced the 2016 Nationwide Forward Mortgage Limits in Mortgagee Letter 2015-30 and the 2016 Nationwide Home Equity Conversion Mortgage (HECM) limits in Mortgagee Letter 2015-29...more
The CFPB sent industry trade groups a letter on October 1, 2015 to address the approach of the Federal Financial Institutions Examination Council (FFIEC) member agencies during the initial months following the implementation...more
10/23/2015
/ Banking Sector ,
Banks ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Fannie Mae ,
FFIEC ,
Financial Institutions ,
First Time Homebuyers ,
Freddie Mac ,
Good Faith ,
GSE ,
Guidance Update ,
Industry Examinations ,
Lenders ,
Mortgage Lenders ,
Mortgages ,
TILA-RESPA Integrated Disclosure Rule (TRID)
The CFPB sent industry trade groups a letter on October 1, 2015 to address the approach of the FFIEC member agencies during the initial months following the implementation of the TILA-RESPA Integrated Disclosure (TRID) rule...more
10/13/2015
/ Banking Sector ,
Banks ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Fannie Mae ,
FFIEC ,
Financial Institutions ,
Freddie Mac ,
GSE ,
Home Buyer ,
Homeowners ,
Industry Examinations ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Residential Real Estate Market ,
TILA-RESPA Integrated Disclosure Rule (TRID)
On July 10, 2013, the CFPB issued a final version of modifications proposed in April 2013 to mortgage rules adopted in January 2013.
Most of the modifications address the ability to repay/qualified mortgage rule, and...more