In the Bureau’s Semi-Annual Report, Director Rohit Chopra detailed the work the CFPB has accomplished, including securing $275 million in total consumer redress and $270 million in civil money penalties.
Read More »The Potential Pitfalls of HMDA Deregulation
An expert gives insights on how dwindling of reporting data could harm underserved communities and weaken bank performance evaluation.
Read More »FICO and Equifax Announce Tech Partnership
Equifax and FICO will integrate differentiated data and precision decisioning to help financial institutions optimize interactions with customers.
Read More »Ellie Mae Launches AllRegs Online
Ellie Mae's AllRegs Online enables lenders to confidently manufacture loans knowing they meet the latest investor requirements or state and federal statutes.
Read More »What the Housing Market Learned from a Crisis
Experts point to potential problems that were not addressed in the housing and financial services industries after the Great Recession receded and the market rebounded, as well as ways to still address these problems before it is too late.
Read More »The Regulatory Relief Bill’s Impact on Compliance
A report quantifying the incremental burden on financial institutions in keeping up with regulatory changes found that the recently passed bill had increased regulatory activities for lenders. Here are the details.
Read More »Keeping Up With Customer Demographics
Creating a diverse customer base starts by looking at your company culture and community outreach strategies. Editor's note: This feature originally appeared in the June issue of MReport, out now.
Read More »HMDA Data: Loans to Low-Income Borrowers Rose in 2017
A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
Read More »Less Regulation Won’t Mean Reduced Compliance Work for Lenders
A report quantifying the incremental burden of financial institutions to keep up with regulation changes, revealed historically low regulatory activities in Q12018. Here’s what that means for mortgage lenders.
Read More »Are Nonbanks Susceptible to Liquidity Vulnerabilities?
Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
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