DougS

Behind the Flames: What FHA’s Waiver Means for Lenders and Borrowers

In the wake of the devastating wildfires that tore through Los Angeles County in January 2025, the Federal Housing Administration…

1 year ago

Opportunities Ahead! How Rising Mortgage Rates Are Reshaping the Housing Market

The U.S. housing market is undergoing a major shift as more homeowners find themselves locked into mortgage rates of 6%…

1 year ago

Will the CFPB Survive? You decide.

The Consumer Financial Protection Bureau (CFPB) has long been a powerful force in regulating financial institutions, but its future is…

1 year ago

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

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

1 year ago

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

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

1 year ago

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

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

1 year ago

How to Fix Common Issues Associated with Mortgage Call Reports

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

1 year ago

What Are the HUD New Loss Mitigation Requirements?

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

1 year ago

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

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

1 year ago

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

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

1 year ago