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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…

10 months 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…

10 months 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…

10 months 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…

11 months 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…

11 months 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…

11 months 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…

12 months ago

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

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

12 months ago

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

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

12 months ago

How Should Mortgage Lenders Respond When Disaster Strikes?

Natural disasters—from hurricanes and wildfires to floods and earthquakes—pose serious challenges for mortgage lenders, borrowers, and the housing market as…

1 year ago