In the March 7, 2024 issue of the Federal Register (89 FR 16491, click here), the Department of Veterans Affairs issued a...
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Read articles below for analysis and discussion of recent trends by BM&G’s industry experts.
CFPB Updates Internal Supervisory Appeals Process
In the February 22, 2024 issue of the Federal Register (89 FR 13262, click here), the Bureau of Consumer Financial Protection...
MORPAC: Black, Mann & Graham’s Legacy of Support
If you’ve worked in the real estate finance industry long enough, you’ve likely heard of MORPAC, the voluntary, bi-partisan PAC...
Revision of Texas Deed of Trust Form 3044
Fannie Mae recently announced a revised edition of their standard Texas Deed of Trust form (Form 3044) to correct a...
Fannie Mae Announces HomeReady Product Enhancement for Very Low-Income Purchase Borrowers
On January 24 2024, Fannie Mae issued Lender Letter (LL-2024-01) (click here), which announces a temporary enhancement to Fannie...
CFPB Announces Civil Penalty Inflation Adjustments
On January 11, 2024, the Bureau of Consumer Financial Protection (CFPB) announced its inflation adjustments for the maximum...
FHFA Announces Conforming Loan Limit Values for 2024
On November 28, 2023, the Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for mortgages that...
2024 Higher-Priced Mortgage Loan Appraisal Exemption Threshold Increase
On November 13, 2023, the Office of the Comptroller of the Currency, Treasury (OCC); the Board of Governors of the Federal...
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Regulation Z HOEPA and Qualified Mortgage Annual Threshold Adjustments
In the September 21, 2023, issue of the Federal Register (88 FR 65113, click here), the Consumer Financial Protection Bureau...