Category: Top National News

National Mortgage News, Dec. 3, 2019–Paul Centopani (subscription)October’s deceleration in housing values could be followed by acceleration in 2020, but a growing subset of millennials nevertheless plan to become homeowners …

National Mortgage News, Dec. 2, 2019–Paul Centopani (subscription)As lenders look ahead to 2020, they can thank a well-known whistleblower for the next big compliance challenge the industry will face.https://www.nationalmortgagenews.com/list/californias-great-data-privacy-rush?brief=0000015a-382f-d09d-a7fe-feafb2c90000

National Mortgage News, Dec. 2, 2019–Kate Berry (subscription)The Consumer Financial Protection Bureau is planning to give companies accused of wronging consumers a chance to get released early from consent orders.https://www.nationalmortgagenews.com/news/early-bird-special-cfpb-to-reward-firms-that-quickly-fix-violations

National Mortgage Professional, Nov. 27, 2019–Phil HallFrequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications during October was down by 1.4 percent from September, according …

Riverside (Calif.) Press-Enterprise, Nov. 28, 2019–Jeff LazersonIncreased loan limits mean some mortgage shoppers may now be able to turn their jumbo loans into conventional high-balance loans. And, some previous high-balance …

New York Times, Nov. 29, 2019–Jenna SmialekSome say Randal Quarles is giving big banks a gift, little by little. Others call it needed fine-tuning. He pledges allegiance to efficiency.https://www.nytimes.com/2019/11/29/business/economy/bank-regulations-fed.html?nl=todaysheadlines&emc=edit_th_191129?campaign_id=2&instance_id=14107&segment_id=19180&user_id=e670283fb4fff3d4391d6f88569ad498&regi_id=420636741129

American Banker, Nov 26, 2019–Joe AdlerThe Federal Deposit Insurance Corp.’s Quarterly Banking Profile portrayed a healthy sector, with a growing loan book and a declining rate of noncurrent loans.https://www.americanbanker.com/list/highs-and-lows-in-fdics-3q-report-on-industrys-health?brief=00000158-07c7-d3f4-a9f9-37df9bc10000

HousingWire, Nov. 26, 2019–Ben LaneLate last week, the Consumer Financial Protection Bureau released its semiannual regulatory agenda, which stated that the bureau is considering a rulemaking to “address certain concerns” …

National Mortgage News, Nov. 26, 2019–Kate BerryThe Supreme Court on Tuesday said it will hear arguments March 3 in a case challenging the constitutionality of the Consumer Financial Protection Bureau’s …

Wall Street Journal, Nov. 26, 2019–Konrad PutzierForget Brooklyn and San Francisco. Millennials and plenty of others seeking a lower cost of living are pouring into the Western mountain states, boosting …