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  • Article

    Agencies Issue Final Rule Implementing Minimum Requirements For Appraisal Management Companies

    On April 30, six federal regulatory agencies jointly issued a final rule establishing minimum requirements for state registration and supervision of appraisal management companies...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Agencies Raise Exemption Thresholds For Mortgage Loans

    The Federal Reserve Board, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency issued a final rule and interpretations on threshold exemptions...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Bank To Pay $4.9 Billion To Settle RMBS-Related Claims

    A foreign banking organization agreed to pay $4.9 billion to resolve DOJ claims related to the underwriting and issuance of residential mortgage-backed securities between 2005 and 2008.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Banking Agencies Adjust Thresholds For Small Loans

    The Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency issued a final rule and interpretation...
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Broker-Dealer Settles FINRA Charges For Failing To Maintain Supervisory System For Mutual Fund Switches

    A broker-dealer agreed to pay $75,000 to settle FINRA charges for failing to sufficiently monitor mutual fund switches.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB Delays Implementation Of TRID

    On June 24, the Consumer Financial Protection Bureau (CFPB) issued a proposed amendment to delay the effective date of the TILA-RESPA Integrated Disclosure Act...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    CFPB Extends Comment Deadline On HMDA Data Point Information

    The CFPB extended the comment period for information concerning the costs and benefits of certain data reporting points under the Home Mortgage Disclosure Act
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    CFPB Finalizes Rule To Improve Information About Access To Credit In The Mortgage Market

    On October 15, 2015, the Consumer Financial Protection Bureau issued a final rule that revised the reporting requirements under the Home Mortgage Disclosure Act.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Clean Out The Pipes: Concerns Over SEC Comments, Rules On Transactions

    Private investment in public equity (PIPE) transactions involves a private placement of securities by an already-public company, with the issuer committing to register the securities for resale promptly after the private placement is completed.
    United StatesFinance and Banking
    Hunton Andrews Kurth LLP
    Hunton Andrews Kurth LLP
  • Article

    FFIEC Amends Home Mortgage Disclosure Act Reporting Guide

    The publication, titled A Guide to HMDA Reporting: Getting It Right!, was updated in order to reflect changes to Regulation C.
    United StatesFinance and Banking
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    FHA Offers Incentives For Property Owners Who Invest In Opportunity Zones

    On May 9, the Federal Housing Administration (FHA) announced a package of incentives to encourage multifamily property owners to invest in thousands of neighborhoods located in Opportunity Zones across the nation.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    FHA Plans To Promote Greater Residential And Commercial Development In Opportunity Zones

    On August 9, the U.S. Department of Housing and Urban Development announced that the Federal Housing Administration will insure mortgages on mixed-used developments under the FHA's Section 220 Program ...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    FHFA Finalizes House Price Index Measure For Conforming Loan Limits For Fannie Mae And Freddie Mac

    On October 19, 2015, the Federal Housing Finance Agency issued a Final Notice indicating that it will continue to use "expanded-data" House Price Index when establishing Freddie Mac...
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    FHFA Releases 2015 Report To Congress

    On June 15, 2016, the Federal Housing Finance Agency's "Report to Congress" for 2015 was released. The document, required under federal law, analyzes Fannie Mae, Freddie Mac and other entities under the Federal Housing Finance Agency's purview.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    FHFA Releases Annual Guarantee Fee Report

    On June 30, the Federal Housing Financing Agency released its annual report on the single-family guarantee fees charged by Fannie Mae and Freddie Mac, which tracks how guarantee fees have increased from 2009 through 2014.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    FHFA Requests Input On Credit Risk Transfer Transactions

    The FHFA also announced that it is seeking input on a number of CRT policy issues and related questions. Input is due no later than August 29, 2016.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    HUD Extends Foreclosure And Eviction Moratoriums

    In Mortgagee Letter 2020-43, dated January 21, 2021, the U.S. Department of Housing and Urban Development (HUD) extended the foreclosure and eviction moratoriums for FHA insured single-family loans from February 28, 2021 to March 31, 2021.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    NMLS Ombudsman Virtual Meeting Summary

    NMLS Ombudsman Virtual Meeting Summary.
    United StatesFinance and Banking
    Ballard Spahr LLP
    Ballard Spahr LLP
  • Article

    Regulators Encourage Institutions To Work With Borrowers Affected By Government Shutdown

    On January 11, the FDIC issued a release encouraging institutions to modify terms on existing loans, including mortgages, student loans, car loans, business loans and credit cards, due to the federal
    United StatesFinance and Banking
    Orrick
    Orrick
  • Article

    Treasury Department Announces Effort To Revive Private Label Securities Market

    The Treasury announced an effort to revive the residential mortgage-backed private label securities market to improve the overall efficiency of the U.S. housing finance system.
    United StatesFinance and Banking
    Orrick
    Orrick
  • Showing 1–20 of 5947 results

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