The CFPB recently posted its second analysis in a series documenting trends in consumer credit outcomes during the COVID-19 pandemic. The analysis focuses on...
FHA recently announced that it made available a pre-recorded webinar that further breaks down its policies described in Mortgagee Letter 2021-15 (ML 21-15), which...
The VA issued Circular 26-20-10, dated June 29, 2021, to announce temporary measures for the review of borrower qualifications for a VA-guaranteed home loan...
The CFPB recently issued a Consumer Complaint Bulletin analyzing consumer complaints regarding three categories of COVID-19 relief: 1) the suspension of federal student loan...
The CFPB recently issued a final rule, effective August 31, 2021, amending Regulation X’s mortgage servicing provisions with the intent of assisting borrowers facing...
On July 1, 2021, the FTC commissioners voted 3-2 to approve a package of omnibus resolutions that instructed the agency’s personnel to employ fact-finding...
FHA recently issued Mortgagee Letter 2021-17 (ML 2021-17), which announces updates to certain Quality Control (QC) review requirements in the Single Family Housing Policy...
The Biden Administration recently announced several initiatives aimed at stabilizing homeowners and preventing evictions following unanticipated changes to the housing market caused by the...
FHA, Fannie Mae, and Freddie Mac recently issued COVID-19 related updates with respect to servicing. FHA published Mortgagee Letter 2021-15, Freddie Mac issued Bulletin 2021-23, and...
Effective July 1, 2021, the Centers for Disease Control and Prevention (CDC) issued an Order extending the nationwide eviction moratorium protecting tenants who are...
On June 16, 2021, Fannie Mae released an updated version of Lender Letter (LL-2021-10) detailing the terms of the RefiNow program for certain refinance...
FHA recently issued a reminder that the temporary guidance, which addressed changes to the requirements for re-verification of employment and appraisal protocols for FHA Single...
