CFPB

In its annual report on residential mortgage lending activity and trends, the Bureau found that mortgage lending fell in 2022 amid a significant rise in interest rates and discount points.

Kim Yowell of Fairway Independent Mortgage was honored at the Keys for Life Gala in Dallas during the Five Star Conference for her contributions to the mortgage marketplace.

The semi-annual Legal League Fall Servicer Summit was held as part of the Five Star Conference & Expo in Dallas, as the industry's foremost experts discussed the latest compliance issues facing the industry.

The share of mortgages originated by non-depository, independent mortgage companies decreased in 2022—but still accounted for 60.2% of first-lien, one- to four-family, site-built, owner-occupied home-purchase loans (down from 63.9% in 2021).

A panel of experts assembled by the Five Star Institute and Treliant break down the recent implementation of Section 1071 of the Dodd-Frank Act and how financial institutions are collecting and reporting data on small business loans.

A panel of experts will discuss the reach of Section 1071 of the Dodd-Frank Act, a measure that requires financial institutions to collect and report data on small business loans, in the next chapter of the Five Star Institute Webinar Series.

The MBA has filed an amicus brief arguing against lenders being held liable for the actions of independent appraisers in instances where bias is concerned.

The Bureau’s new rule will provide data on small business lending to give investors and lenders more insight into identifying opportunities that support economic growth.

The Five Star Institute presents the first-ever REO Connect event, a gathering of the REO community featuring educational offerings and networking opportunities geared to meet the needs of unique marketplace.

CFPB seeks info from the public to assist with rulemaking under the Fair Credit Reporting Act regarding data brokers.