The CFPB, Federal Reserve Board, and OCC have jointly launched new thresholds for smaller loan exemption from appraisal requirements for higher-priced mortgage loans for 2024.
Read More »Section 1071’s Impact on Fair Lending Laws
A panel of experts assembled by the Five Star Institute and Treliant break down the recent implementation of Section 1071 of the Dodd-Frank Act and how financial institutions are collecting and reporting data on small business loans.
Read More »Small Businesses Brace for Section 1071
A panel of experts will discuss the reach of Section 1071 of the Dodd-Frank Act, a measure that requires financial institutions to collect and report data on small business loans, in the next chapter of the Five Star Institute Webinar Series.
Read More »All But 3% of Mortgages ‘Current and Performing’
A new report required by law under the Helping Families Save Their Homes Act of 2009, a provision of the Dodd-Frank Wall Street Reform and Consumer Protection Act, showed that the majority of loans are current, and foreclosures remain below levels recorded before the pandemic.
Read More »FHFA Adds Two Key Execs
Laura Thrift will lead the Agency as Director of the Office of Congressional Affairs and Communications, and Alexei Alexandrov as Chief Economist.
Read More »Are Fannie and Freddie Prepared for Adverse Conditions?
FHFA, released the results of the stress tests for the two GSEs as required by the Dodd-Frank Act. Here’s what the tests revealed about the creditworthiness of the enterprises.
Read More »Which Borrowers Are Impacted By the ATR Rule?
These market segments were affected more by the Ability to Repay Rule compared to others according to CFPB’s assessment on this rule.
Read More »BCFP and FHFA Make History
The Bureau of Consumer Financial Protection and Federal Housing Finance Agency are providing loan origination data never before released … click here to learn more.
Read More »The Week Ahead: Discussing Regulatory Changes
On Thursday, the Senate Banking Committee will hold a hearing to discuss the implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act. See what else is happening in the Week Ahead.
Read More »President Trump: “This is an Important Piece of Legislation”
Watch what the President had to say about The Economic Growth, Regulatory Relief and Consumer Protection Act, passed by the House on Tuesday, becoming a law. The Bill aims at providing relief to small banks and credit unions from certain regulations under the Dodd-Frank Act.
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