Broeksmit: New Reg Environment Brings ‘Incredible Opportunity’

WASHINGTON, D.C.–It’s an extraordinary environment in the Nation’s Capital right now (let’s just leave it at that). But behind the scenes, and in the halls of regulatory agencies and Congress, says Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, the real estate finance industry’s efforts are starting to bear fruit.

Regulators Focusing on Technology to Drive Efficiency

WASHINGTON, D.C.–HUD General Counsel J. Paul Compton Jr. said his first job is to “make sure the trains run on time.” But he also noted that the department is committed to smoothing out bumps, including regulatory hurdles that inhibit lenders’ ability to serve customers effectively.

Broeksmit: New Reg Environment Brings ‘Incredible Opportunity’

WASHINGTON, D.C.–It’s an extraordinary environment in the Nation’s Capital right now (let’s just leave it at that). But behind the scenes, and in the halls of regulatory agencies and Congress, says Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, the real estate finance industry’s efforts are starting to bear fruit.

Regulators Focusing on Technology to Drive Efficiency

WASHINGTON, D.C.–HUD General Counsel J. Paul Compton Jr. said his first job is to “make sure the trains run on time.” But he also noted that the department is committed to smoothing out bumps, including regulatory hurdles that inhibit lenders’ ability to serve customers effectively.

Broeksmit: New Reg Environment Brings ‘Incredible Opportunity’

WASHINGTON, D.C.–It’s an extraordinary environment in the Nation’s Capital right now (let’s just leave it at that). But behind the scenes, and in the halls of regulatory agencies and Congress, says Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, the real estate finance industry’s efforts are starting to bear fruit.

Regulators Focusing on Technology to Drive Efficiency

WASHINGTON, D.C.–HUD General Counsel J. Paul Compton Jr. said his first job is to “make sure the trains run on time.” But he also noted that the department is committed to smoothing out bumps, including regulatory hurdles that inhibit lenders’ ability to serve customers effectively.

FHFA Issues Rulemaking on Uniform Mortgage-Backed Security

The Federal Housing Finance Agency yesterday issued a proposed rule to require Fannie Mae and Freddie Mac to align programs, policies and practices that affect prepayment rates of “To-Be-Announced”-eligible mortgage-backed securities.

CFPB Issues Updated FCRA Model Disclosures

The Consumer Financial Protection Bureau yesterday issued an interim rule updating two model disclosures to reflect changes made to the Fair Credit Reporting Act by the Economic Growth, Regulatory Relief and Consumer Protection Act.