DALLAS–“From HUD to CFPB to the chairs of key committees on Capitol Hill, MBA is bracing for big change,” said Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, in a session on post-election analysis at MBA’s 2025 Servicing Solutions Conference & Expo.
Tag: CFPB

MBA Calls on CFPB to Delay Effective Dates of Registry of Nonbank Covered Persons
In light of President Trump’s “Regulatory Freeze Pending Review” executive order issued last week, the Mortgage Bankers Association asked the CFPB to postpone for 60 days the effective compliance dates for entities subject to its Nonbank Registration Regulation issued on June 3, 2024.

MBA and State MBAs, Consumer Advocates Welcome Long-Awaited Rule on PACE Loans
The Mortgage Bankers Association and National Consumer Law Center, along with the California Mortgage Bankers Association, Housing Policy Council, Jacksonville Area Legal Aid, Mortgage Bankers Association of Missouri, Mortgage Bankers Association of Florida, and Public Counsel of California issued the following joint statement in response to the Consumer Financial Protection Bureau’s final rule on consumer protections for residential Property Assessed Clean Energy (PACE) loans.

CFPB Reports Significant Drop in Mortgage Applications, Originations in 2023
The Consumer Financial Protection Bureau, Washington, D.C., found a significant decline in mortgage lending activities during 2023. Loan applications and originations dropped by nearly one-third from 2022.

Mortgage Servicing: Getting Reg X Reform Right is a Top Priority for Next Year
Preventing foreclosures requires active collaboration between servicers and homeowners.

Mortgage Servicing: Getting Reg X Reform Right is a Top Priority for Next Year
Preventing foreclosures requires active collaboration between servicers and homeowners.

Panel Highlights Recommendations for Changes to RESPA Section 8
DENVER–Fifty years after the passage of the Real Estate Settlement Procedures Act, reforms and clarifications are needed, a panel said at the Mortgage Bankers Association’s Annual Convention & Expo Oct. 28.

Today: Understanding the CFPB’s Non-Bank Registry
Join MBA Education and industry experts for an overview of the Consumer Financial Protection Bureau’s new registry for non-bank covered persons.

Oct. 16: Understanding the CFPB’s Non-Bank Registry
Join MBA Education and industry experts for an overview of the Consumer Financial Protection Bureau’s new registry for non-bank covered persons.

CFPB Issues Proposed Servicing Rules Aimed at Streamlining Loss Mitigation Process–Asurity’s Diane Jenkins
As most servicers are well aware, the Consumer Financial Protection Bureau recently issued new proposed servicing rules essentially overhauling the existing loss mitigation process.