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The Mortgage Compliance Update is your direct weekly link to mortgage compliance news.  

Fannie Offers Assistance to Hurricane Victims

As Hurricane Irma roars toward Florida, and the Houston area tries to dry out from hurricane Harvey, Fannie Mae is reminding those homeowners might be or already have been affected by the storms about the options it provides for its single-family mortgage borrowers. (Mortgage News Daily)


CFPB Finalizes HMDA Technical Corrections, HELOC Reporting Threshold

The CFPB issued a final rule making several technical corrections and clarifications to the expanded data collection under Regulation C, which implements the Home Mortgage Disclosure Act, as well as temporarily raising the threshold at which banks are required to report data on home equity lines of credit. (ABA Dodd-Frank Tracker)


Know Your Risk. Accelerate Your Recovery: Dr. Frank Nothaft Discusses the Potential Impact of Hurricane Harvey

In the wake of Hurricane Harvey two senior leaders from CoreLogic, Frank Nothaft and Stuart Pratt, discuss potential damage from the storm and the time it will take Houston and the greater metropolitan area to recover lost or damaged residential properties. (CoreLogic Insights Blog)


Co-Borrowers Account for 23 Percent of Q2 Single-Family Home Purchases

More than two million loans were originated on one- to four-unit residential properties in the second quarter, up 27 percent from a three-year low in the first quarter but down 12 percent from one year earlier, according to new statistics released by ATTOM Data Solutions. (National Mortgage Professional)


Irma's Impact on Loan Funding; Lots of Disaster Updates

As fires, floods, and storms dominate the headlines, our attention now turns to Irma. (Mortgage News Daily)

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