CFPB Servicing Rule Change Raises Alarm for Bankers

National Mortgage News, June 17, 2025-Spencer LeeThe American Bankers Association voiced its concerns over a proposed Consumer Financial Protection Bureau final rule to eliminate a pandemic-era policy affecting loss-mitigation procedures …

U.S. Basel III Delay to 2026 Seen as Almost Inevitable

Risk.net, June 18, 2025-Janice KirkelFormer regulators doubt the three U.S. prudential agencies will be able to release fresh proposals implementing internationally agreed bank capital reforms this year.Click here for more (subscription …

Banking Giants See Surge in Loan Modifications

National Mortgage News, June 23, 2025-Spencer LeeMortgage modifications surged in the first quarter at the nation’s largest banks, reversing a yearlong decline, while foreclosure activity also saw a marked uptick, …

Interest-Only HELOC Introduced by Reverse Mortgage Lender

Home Equity Lending News, June 11, 2025As many traditional home lenders avoid home-equity lending, an interest-only home-equity line of credit has been launched by a provider of reverse mortgages. The …

What Fraud Risks Do HELOCs Pose?

National Mortgage News, June 9, 2025-Spencer LeeForged checks, false occupancy claims and scams on senior citizens are among the schemes lenders should be aware of as growing interest in home …

Jobs Numbers Dash Hopes for Rate Cut, Mortgage Hiring Rises

National Mortgage News, June 6, 2025-Bonnie SinnockMay’s slightly stronger than anticipated employment data dampened lenders’ hopes for further downward pressure on rates in the immediate future, as they added incrementally …

How Student-Loan Crisis Will Show Up in the Economy

The Wall Street Journal, May 26, 2025-Justin LahartMillions of Americans had their student-loan payments put on pause during the pandemic. Now they are back on the hook again.Click here for more …