#mortgage-compliance

[ follow ]
#state-regulation #cfpb #multi-state-examinations #occupancy-misrepresentation #loan-default-risk #gses
Real estate
fromwww.housingwire.com
3 days ago

A slowdown in compliance? Don't believe it!

State regulatory agencies are expanding examination capabilities and hiring former CFPB staff, creating a more complex, multi-state mortgage compliance landscape despite federal pullbacks.
fromwww.housingwire.com
3 months ago

Occupancy fraud draws attention through Trump's political battles

We're on the tail end of the buying season, and we are seeing potential indications of occupancy fraud to investigate it but it wouldn't be anything more significant than what we have come to expect just being in a higher volume set of months, Amanda Tucker, chief risk and compliance officer at Atlantic Bay Mortgage Group, said in an interview with HousingWire. Atlantic Bay reviews all origination files prior to closing to flag potential issues.
Real estate
US politics
fromwww.housingwire.com
3 months ago

Mortgage lenders urged to build AI compliance foundations

AI systems regulation is changing, especially in high-risk areas like mortgages, necessitating new governance and compliance strategies.
[ Load more ]