MBA Commends CFPB for Rescinding Nonbank Registration Rules
MBA's Bob Broeksmit issued a statement in response to the CFPB rescinding its 2024 regulation that would have established a public registry of nonbank entities subject to certain agency and court orders and withdrawing its 2023 proposal to create a registry of nonbank contract terms and conditions:
LenderLogix: Q3 Sees Dip in Pre-Approvals, but Bigger Down Payments
LenderLogix, Buffalo, N.Y., released its Homebuyer Intelligence Report for Q3, finding that borrowers generated 8.61% fewer pre-approval letters through its QuickQual pre-approval platform than in Q2.
