Home Equity Contracts Under Scrutiny: Why Lenders Can’t Dodge the Law

10 months ago

Homeowners seeking financial flexibility often turn to home equity products, but not all options are created equal. The Consumer Financial…

Texas Strengthens Mortgage Borrower Protections: Key Updates for Lenders and Servicers

10 months ago

Texas is taking a firm stance on mortgage borrower protections with newly adopted rules set to take effect on November…

CFPB Proposes New Rules to Prevent Foreclosures: What Mortgage Servicers Need to Know

10 months ago

Homeowners struggling with mortgage payments may soon have stronger protections under new rules proposed by the Consumer Financial Protection Bureau…

How to Fix Common Issues Associated with Mortgage Call Reports

11 months ago

Navigating the complexities of mortgage call reporting can be a daunting task for many financial institutions. Filing these reports accurately…

What Are the HUD New Loss Mitigation Requirements?

11 months ago

In 2024, the U.S. Department of Housing and Urban Development (HUD) unveiled new loss mitigation requirements to assist homeowners with…

What Are the Updated HUD Cyber Incident Reporting Requirements for Lenders?

11 months ago

In December 2024, the U.S. Department of Housing and Urban Development (HUD) issued Mortgagee Letter 2024-23, updating its cyber incident…

Navigating the Regulatory Maze: CFPB’s Impact on Mortgage Brokerages and Wholesale Lending

12 months ago

In an ever-evolving mortgage landscape, brokerages and wholesale lenders face increasing scrutiny from the Consumer Financial Protection Bureau (CFPB). Recent…

36 Hours to Act: FHA’s New Cyber Incident Rules Shake Up Mortgage Compliance

12 months ago

In an increasingly digital mortgage landscape, cybersecurity incidents are becoming a top concern. The Federal Housing Administration’s (FHA) recent Mortgagee…

Freddie Mac’s New Public Records Search Rules: What Lenders Need to Know

12 months ago

On August 15, 2024, Freddie Mac Multifamily introduced significant updates to its mortgage origination and servicing requirements, focusing on public…

Rental Income – What are the Common Red Flags?

1 year ago

Rental income can be a valuable asset for mortgage applicants looking to meet income requirements, but it also presents unique…