Tag Archives: Compliance Costs

Non-English-speaking borrowers remain an underserved market and potential revenue source, but lenders seeking to serve that market need to first consider several things.

“Surveyed lenders cited personnel expenses as the primary factors driving up loan origination costs over the past two years,” said Doug Duncan, Fannie Mae’s SVP and Chief Economist.

At a Senate hearing Thursday, policymakers heard testimony on the Financial Stability Oversight Council’s current oversight of nonbank entities.

During the second quarter of 2017, the mortgage industry continued to spend millions in compliance costs. Take a look at what could come next quarter.

A fiercely raging debate for the last five years is whether or not the added costs imposed on businesses that must comply with increased regulations justifies the benefits of those increased regulations.

Home builders have hit a roadblock. The ramped up regulatory environment has made it difficult for home builders to build affordable homes.