“Dominant firms shouldn’t be able to hoard our personal data and appropriate the value to themselves,” said Consumer Financial Protection Bureau Director Rohit Chopra.
Read More »The Week Ahead: Plotting Equitable Pathways to Homeownership
From government hearings to ideas presented by industry experts, many these days in the age of affordability concerns, are weighing in on the topic of affordable housing. On ...
Read More »Solving the Puzzle of Homeownership
Shifting workforce patterns and the continuing prevalence of the gig economy have some lenders revisiting non-QM. Here’s what they told MReport about its place in the modern lending landscape.
Read More »Bureau Launches New Effort to Promote Competition and Innovation
The Consumer Finance Protection Bureau is closing one office but opening another to promote competition and innovation in consumer finance.
Read More »Who Needs Non-QM Loans?
Greg Austin of Carrington Mortgage Services discusses the flexibility found in non-QM loans for the self-employed, investors, and more.
Read More »CFPB Issues Memo to Increase Consumer Protections
The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after ...
Read More »GSEs Commit to Assisting Borrowers in Their Native Language
New mandate allows for data collected by the GSEs to be used by lenders to facilitate communications with borrowers in their preferred language.
Read More »Pending Home Sales Down for Fifth Consecutive Month
According to the latest Pending Home Sales Index (PHSI) from the National Association of Realtors (NAR), pending home sales slipped 4.1% month-over-month in March, marking the fifth consecutive ...
Read More »New Biden Plan Seeks to Eliminate Bias in Home Lending and Appraisals
The Biden Administration has established the PAVE Task Force to tackle racial bias in the home lending and appraisal process.
Read More »The Week Ahead: Senate Examines the Appraisal Process
The Senate Banking Committee will take a deep dive into appraisal equity, and the implementation of programs and policies related to fair housing and economic opportunities.
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