Federal regulator calls for turning GSEs into utilities – Scotsman Guide 1/18/18

January 18, 2018 As reported in Scotsman Guide, FHFA Director Mel Watt has outlined the agency’s recommended approach to reform the GSEs. Declaring that the conservatorship of Fannie Mae and Freddie Mac is unsustainable, he has proposed that they be turned into shareholder-owned utilities. Click Here for full article.  

Lender group asks CFPB to delay new HMDA requirements – Mortgage Professional America 12/15/17

December 15, 2017 As reported by Francis Monfort in Mortgage Professional America, the Community Home Lenders Association has written to Mick Mulvaney, acting director of the CFPB, to request a delay in implementing new data requirements under the Home Mortgage Disclosure Act (HMDA) scheduled for January 1, 2018. Click here … Continue reading