MoFoMoFi - Mortgage Finance Resource Center

The financial crisis brought about fundamental mortgage and securitization reforms, and the future of the GSEs and the role of private capital in the mortgage market is being reexamined. Keep up with the latest developments in mortgage market regulation and reform through our mortgage finance resource, mofomofi.

On the mofomofi site, you will find updates on important developments, announcements for upcoming webcasts and conferences, and our alerts, articles and resources.

Latest Updates

California SB1-Plus? GDPR-Like? Considerations for Financial Institutions in Evaluating the California Consumer Privacy Act (5/24/2018)

Financial Regulatory Reform Legislation Proceeds through Congress (5/22/2018)

HUD to Reconsider Disparate Impact Rule (5/17/2018)

CFPB Issues RFI on Guidance and Implementation Support (3/30/2018)

CFPB Issues RFI on Inherited Regulations (3/26/2018)

CFPB Requests Feedback on Adopted Regulations (3/23/2018)

Senate Passes Financial Regulatory Reform Bill (3/16/2018)

CFPB Requests Feedback on Rulemaking Process (3/8/2018)

CFPB Requests Feedback on Public Reporting of Consumer Complaints (3/5/2018)

CFPB Requests Information on Supervision Processes (2/20/2018)

CFPB’s Third Request for Information Broadly Seeks Feedback on Enforcement (2/8/2018)

CFPB Starts Review of Administrative Adjudications (2/2/2018)

PHH v. CFPB: Beyond the Headlines, A Big Win For Industry (2/1/2018)

With CID Request, CFPB Follows Through on Plan to Review Functions (2/1/2018)

CFPB Announces Review of Agency’s Functions (1/18/2018)

Department of Defense Publishes Amends and Adds Further Guidance on Military Lending Act Regulations (12/18/2017)

Joint and Several Liability for Payment Processor That Facilitated Fraud (12/15/2017)

CFPB Outlines Principles for Consumer-Authorized Financial Data Sharing and Aggregation (10/19/2017)

CFPB Releases Final Payday Lending Rule (10/6/2017)

OCC Acting Comptroller Woos Fintech Companies with Remarks on Online Lending (9/27/2017)

Leading on Leads? CFPB Takes Action Against Online Lead Aggregators (9/21/2017)

CFPB Makes HMDA Data Sharing Proposal (9/21/2017)

A First Time for Everything—CFPB Issues Its First No-Action Letter (9/20/2017)

CFPB and Card Issuers Resolve ECOA Action Involving Cards Offered in U.S. Territories and Cardholders with Spanish Language Preference (8/31/2017)

CFPB Case Against Payment Processors Dismissed: Court Sanctions Bureau for Non-Responsive Discovery (8/30/2017)

Entering the HMDA Homestretch: CFPB Proposes Temporary Increase in HELOC Reporting Threshold, Releases New and Updated Filing Resources (7/27/2017)

The CFPB Issues Its Final Arbitration Rule (7/17/2017)

OCC Releases Semiannual Risk Perspective: Fintech is Risky? (7/11/2017)

OCC Guidance Suggests Flexibility for Third-Party Risk Management (6/12/2017)

U.S. House of Representatives Passes the Financial CHOICE Act of 2017 (6/9/2017)

FDIC Action Is a Reminder that Bank Partnerships Are Not a Panacea for Non-Banks (5/19/2017)

CFPB Files Suit Challenging Tribal-Affiliated Lenders Using its UDAAP Authority (5/2/2017)

House Financial Services Committee Holds Hearing on the Financial CHOICE Act of 2017 (4/27/2017)

New York Cybersecurity Regulations: What Do They Mean and When Do They Mean it By? (3/23/2017)

Court Finds CFPB Case Against Payment Processor Lacking (3/20/2017)

Is it Time to Streamline Financial Regulation? (3/16/2017)

The Madden Saga Continues: On Remand, Madden Survives Summary Judgment and District Court Certifies Class (3/6/2017)

RESPA Two-Step: CFPB Shows Continued Expansive Interpretation of Section (3/3/2017)

One of a Kind: NYDFS Cyber Rule Finalized, Effective March 1, 2017 (2/22/2017)

CFPB Evaluates Use of Alternative Data and Modeling Techniques in the Consumer Lending Credit Process (2/17/2017)

Parting Shot: Outgoing Administration Releases FinTech White Paper (1/24/2017)

Ten Questions and Nine Answers about PHH and the Future of the CFPB Director (12/5/2016)

CFPB Requests Information Regarding Data Aggregation Services (11/21/2016)

Whither the CFPB? In Uncertain Times, Rep. Hensarling’s Vision May See New Life (11/21/2016)

OCC Lays Out Responsible Innovation Framework (10/28/2016)

CFPB Makes FinTech Headlines (10/26/2016)

CFPB Hit by Major Setback in D.C. Circuit (10/13/2016)

CFPB Forgoes Traditional Rulemaking; Announces that the ECOA & Reg B Prohibit Gender Identity & Sexual Orientation Discrimination (10/10/2016)

HUD Releases New Guidance on Limited English Proficiency Discrimination Under the Fair Housing Act (9/23/2016)

A Closer Look at DOD’s New Guidance on the Military Lending Act Regulations HAMP (9/15/2016)

CFPB, OCC, and Federal Reserve Propose Clarifications to Small Loan Exemption from HPML Appraisal Requirements (9/7/2016)

CFPB Issues Guiding Principles for Loss Mitigation after HAMP (9/6/2016)

Department of Defense Issues New Guidance on Military Lending Act Regulations (8/26/2016)

FDIC Releases Proposed Third-Party Lending Guidance (8/9/2016)

CFPB Relies on “Mystery Shoppers” in BancorpSouth Mortgage Discrimination Settlement (8/3/2016)

CFPB Publishes Spring 2016 Regulatory Agenda (6/9/2016)

The CFPB’s Payday Lending Rulemaking is Here With Sweeping Implications for the Short-Term Credit Industry (6/3/2016)

FinCEN Finalizes Customer Due Diligence Rule for Legal Entity Customers (5/16/2016)

Treasury Issues White Paper on Online Marketplace Lending (5/13/2016)

The Time Has Come: The CFPB Issues its Proposed Arbitration Rule (5/12/2016)

CFPB Signals Coming Amendments to TRID Rule (5/2/2016)

CFPB Reopens Comment Period on Proposed Amendments to Servicing Rules (4/27/2016)

CFPB Amends ATR/QM Rule to Implement HELP Act (4/21/2016)

FHFA Announces Home Modification Program (4/21/2016)

OCC Announces Preliminary Framework on FinTech and Responsible Innovation (4/6/2016)

Supreme Court Affirmation of Hawkins Case Raises More Questions Than It Answers (3/25/2016)

Director Cordray Appears Before House Financial Services Committee (3/24/2016)

ABA Survey Quantifies TRID Costs, Delays (3/5/2016)

CFPB’s Two-Year Policy Priorities (2/29/2016)

CFPB Publishes HMDA File Specifications for Data Collected in 2017 and 2018 (2/24/2016)

CFPB Publishes No-Action Letter Policy Statement (2/23/2016)

Golding Testifies Before House Housing and Insurance Subcommittee on Health of FHA (2/13/2016)

Fannie and Freddie Finalize Dispute Resolution Program for Contested Repurchase Requests (2/4/2016)

CFPB Argues Statute of Limitations Not Applicable in Certain UDAAP Actions (2/1/2016)

Know Before You Sell: CFPB Letter on “Know Before You Owe” Implementation (1/11/2016)

CFPB Reminds Companies of Automatic Debit Authorization Requirements (1/8/2016)

Higher One, Inc. Enforcement Actions Remind Nonbank Service Providers of Their Legal Obligations When Partnering With Banks (1/4/2016)

CFPB Takes Action Against Lead Aggregators (12/21/2015)

CFPB Releases Compliance Guide for Amended HMDA Rule (12/7/2015)

TILA/RESPA Integrated Disclosures (TRID) Rule – CFPB Webinar Q&A Index (December 2015)

Big Data, Big Government – Big Trouble? A Hard Look at the Final HMDA Rule (11/30/2015)

CFPB Publishes Semi-Annual Rulemaking Agenda (11/24/2015)

House Votes to Nix Indirect Auto Bulletin and Expand QM (11/19/2015)

CFPB Announces Intent to Commence Arbitration Rulemaking (10/20/2015)

HOLY HMDA! CFPB Finalizes Changes to Home Mortgage Disclosure Rule (10/20/2015)

CFPB Bulletin on Marketing Services Agreements: Not Per Se Unlawful, But.... (10/9/2015)

CFPB Brings Long-Anticipated First Redlining Enforcement Action – New Approach to Redlining Analysis Is Put into Action (9/29/2015)

Ninth Circuit Finds CFPB Interpretation of RESPA Provision Not Entitled to Deference (8/25/2015)

CFPB Publishes Results of eClosing Pilot Program (8/18/2015)

CFPB: “F” is for “Foreclosure,” “FDCPA” (8/12/2015)

Findings From the Know Before You Owe eClosing Pilot Discussed (8/7/2015)

The Bureau Issues Bulletin Regarding Homeowners Protection Act (8/6/2015)

Department of Defense Adopts Significant Changes to Its Military Lending Act Regulations (7/31/2015)

The CFPB & UDAAP: A "Know It When You See It" Standard? 2015 Mid-Year Update (7/29/2015)

DOD Adopts Sweeping Changes to Rules Implementing Military Lending Act Provisions (7/21/2015)

Disparate Impact Doctrine Survives Supreme Court Review (6/26/2015)

Never Say Never: CFPB Gives Breathing Room for TRID Implementation (6/18/2015)

CFPB Enforcement Actions Take on LO Comp and Fair Lending (6/9/2015)

No Reversing Course on Reverse Mortgages (6/8/2015)

New Fair Housing Rule (6/8/2015)

CFPB Ups the Ante in RESPA Crackdowns (5/1/2015)

CFPB Keeps its Sights on Military Mortgage Ads (4/10/2015)

Supreme Court Allows Agencies to Reinterpret the Law at Their Discretion (3/31/2015)

When Is “Payment Authorization” the Same as a “Payment”? Seventh Circuit Weighs In (3/25/2015)

An Analysis of Covered Bonds and the U.S. Market (March 2015)

Bad Day for NewDay: CFPB Section 8 Enforcement Continues (2/19/2015)

FHFA Announces Minimum Capital and Liquidity Requirements for Non-Bank Servicers (2/17/2015)

CFPB Releases Reverse Mortgage Report; Issues Advisory In Response to Complaints (2/9/2015)

The CFPB 2015 Forecast: Continued Cloudiness, Thunderstorms Likely (1/23/2015)

TRID at the Crossroads: Where Are We Now – Where Are We Going? (1/1/2015)

Mortgage Servicing Transfers: Meeting the Operational and Regulatory Demands (11/20/2014)

Strike Two for Alleged L.O. Comp. Violations (11/18/2014)

A Closer Look at U.S. Credit Risk Retention Rules (10/30/2014)

TILA-RESPA Combined Disclosures: The Executive Perspective (10/29/2014)

U.S. Regulators Finalize Credit Risk Retention Rules (10/21/2014)

Crack Down on Alleged Maternity Leave Discrimination Continues (10/17/2014)

FTC Targeting Deceptive Advertising of Mortgage Lead Generators (10/13/2014)

DOD Proposes Significant Expansion of Military Lending Act Protections (10/3/2014)

CFPB as HUD: Another Section 8 Consent Order Displays CFPB’s RESPA Approach (10/1/2014)

MBA's Regulatory Compliance Conference 2014 (CFPB Enforcement) (9/28/2014)

MBA's Regulatory Compliance Conference 2014 (Compliance Essentials) (9/29/2014)

MBA's Regulatory Compliance Conference 2014 (CFPB Exams What to Know) (9/29/2014)

The CFPB Examination Resource Guide (Fall 2014)
Published by Mortgage Bankers Association

SID is Coming, But Who Will Be Ready to Greet Him? (9/25/2014)

Ginnie Mae Concerned with Retreat of Commercial Banks From Home Lending and Servicing (9/23/2014)

One Man’s Opinion: Housing Headed South, Soon (9/22/2014)

What’s Unfair is Unfair: Repeal of Reg AA May Have Little Practical Effect (9/9/2014)

Financial Services Report – Fall 2014 (9/9/2014)

SEC Unanimously Approves Reg AB II Amendments (8/27/2014)

CFPB Issues Bulletin Outlining "Expectations" for Mortgage Servicers That Transfer Loans (8/19/2014)

No RESPA Respite - Continued (8/18/2014)

CFPB Proposal Would Make 'HMDites' Of Us All (8/13/2014)

CFPB Issues Enforcement Action Against Mortgage Company for “Bait-And-Switch” Scheme (8/12/2014)

FHFA Seeks Input on Single Security For GSEs (8/12/2014)

CFPB, FTC and States Announce Lawsuits Against Foreclosure Relief Scammers (7/23/2014)

CFPB Issues Guidance Regarding Brokers Shifting To “Mini-Correspondent” Model (7/11/2014)

CFPB Issues Interpretive Rule Clarifying Mortgage Lending Rules for Heirs (7/8/2014)

The RESPA Respite Is Over (6/23/2014)

Housing Finance Reform (4/28/2014)

The CFPB Targets Mortgage Reinsurance Yet Again (2/4/2014)

The Volcker Rule: Impact of the Final Rule on Securitization Investors and Sponsors (12/26/2013)

A Regulatory Reform Glossary (12/16/2013)

Liquidity Coverage Ratio Impact on Covered Bonds (12/2/2013)

Interagency Fair Lending Guidance: A First Step, but in the Right Direction? (10/28/2013)

CFPB Reaches Consent Orders for HMDA Violations (10/15/2013)

Supreme Court takes up landmark disparate impact case. Again. (9/17/2013)

Supreme Court Takes Up Landmark Disparate Impact Case, Again, Over U.S. Objections (6/19/2013)


Legal Issues and Regulatory Compliance Conference (MBA Seminar; 4/29-5/2/2018)

LoanTape Legal & Regulatory Conference (LoanTape Conference, 1/30/2018)

Legal Issues & Regulatory Compliance Conference 2017 (California MBA Seminar, 12/4/2017)

“Continue to Climb” Risk & Compliance Summit (ComplianceEase summit, 11/1/2017)

Mortgage Bankers Association’s Regulatory Compliance Conference (MBA Seminar, 9/17-19/2017)

CFPB Exams and Trends in State Examinations Webinar (MBA Compliance Essentials Webinar, 6/29/2017)

Post PHH Oral Argument Update (MBA Compliance Essentials Webinar, 5/25/2017)

Mortgage Bankers Association’s Legal Issues and Regulatory Compliance Conference (MBA Seminar; 5/7-5/10/2017)

MBA's Update on PHH Corporation V CFPB (10/21/2016)

Mortgage Bankers Association’s Regulatory Compliance Conference (MBA Seminar, 9/18-20/2016)

Fair Lending Best Practices (Marketplace Lending Policy Summit Seminar, 9/13/2016)

Military Lending Act: A Regulation for All Banks (ABA Webinar, 5/26/2016)

Mortgage Bankers Association’s Legal Issues and Regulatory Compliance Conference (5/1-5/4/2016)

CFPB Know Before You Owe Webinar (CFPB Webinar, 4/12/2016)

CFPB Priorities in Mortgage Lending and Mortgage Servicing in 2016 and Beyond (Lykken on Lending Radio Program, 3/21/2016)

TRID Risk Mitigation – Concepts and Tools (ComplianceEase Webinar: Developing an Integrated Approach to TRID Compliance, 2/25/2016)

Consumer Financial Services Committee Meeting (ABA Seminar 1/9-1/12/2016)

Legal Issues Conference (California MBA seminar, 12/7/2015)

Consumer Protection Provisions in the Dodd-Frank Act: Adjusting to the New Paradigm (Lorman Webinar, 12/3/2015)

RESPA Threat: The CFPB Challenges MSAs and More (Inside Mortgage Finance Webinar, 10/29/2015)

Key Truth in Lending Updates and Recent Changes (Lorman Webinar, 10/28/2015)

Regulatory Compliance Conference (MBA Seminar; 9/20-22/2015)

TRID: It’s Coming-- Ready or Not (National Mortgage News Webinar; 7/9/2015)

4th Bank & Non-Bank Forum on Mortgage Servicing Compliance (ACI Seminar; 6/25/2015)

MBA’s National Secondary Market Conference & Expo 2015 (Seminar; 5/17-20/2015)

Legal Issues and Regulatory Compliance Conference (MBA Seminar; 5/3-6/2015)

CBA LIVE 2015 (Seminar; 3/23/2015)

Morrison & Foerster 5th Annual Financial Services and Regulatory Conference (Seminar; 3/18/2015)

Advanced School of Mortgage Servicing (MBA Seminar; 3/11/2015)

Regulation AB II Overview (PLI Webinar; 9/12/2014)

The Future of Housing Finance, the Mortgage Market and Securitization (IFLR Webinar; 9/10/2014)

The Proposed HMDA Rule (ABA Seminar; 8/20/2014)

Are you prepared for what your HMDA data might say? (Webinar; 5/14/2014)

MBA's Legal Issues and Regulatory Compliance Conference 2014 (MBA Seminar; 5/4/2014)

Financial Services: A glimpse into the future (Seminar; 3/27/2014)

MBA's National Mortgage Servicing Conference & Expo 2014 (MBA Seminar; 2/18/2014)

Dodd-Frank Implementation: What to Expect in 2014 (IFLR Webinar; 1/30/2014)

MBA's Independent Mortgage Bankers Conference (MBA Seminar; 12/6/2013)

New Developments in Mortgage Lending Regulation, Legislation, and Litigation (State Bar of California Seminar; 10/10/2013)

Consumer Financial Services Basics 2013 (ABA Seminar; 9/30/2013)

MBA’s Regulatory Compliance Conference (MBA Seminar; 9/29/2013)

Fair Lending Claims (MBA Seminar; 9/29/2013)

Qualified Mortgage Math: Securing Your Safe Harbor (Inside Mortgage Finance Webinar; 8/1/2013)

Fair Lending Litigation and Enforcement (MBA Seminar; 5/19/2013)

Defending Your Company Against Individual Claims (MBA Seminar; 5/19/2013)

CDIA’s "CFPB’s New Ability-to-Repay and Qualified Mortgage Rule" (Teleconference; 2/27/2013)

Enterprise Governance Risk and Compliance Summit January 2013 CFPB Mortgage Rules (Seminar; 1/28/2013)

American Bankers Association Teleconference: CFPB's New Mortgage-Related Rules (ABA Teleconference; 1/25/2013)

Housing Finance Agency Conference for January 2013 CFPB Mortgage Rules (HFA Seminar; 1/16/2013)

American Bar Association Consumer Financial Services Committee 2013 Winter Meeting (ABA Seminar; 1/07/2013)

Servicing and Collections: FDCPA, SCRA, Mortgage Issues, More UDAAP, Business Law Section Committee on Consumer Financial Services (ABA Seminar; 10/08/2012)

Proposed Bank Capital Rules and the Mortgage Market (Teleconference; 8/28/2012)

The Mortgage Landscape: The Latest Look at the CFPB’s Regulatory and Supervisory Agenda (Inside Mortgage Finance Webcast; 7/26/2012)

Mortgage Bankers Association's Legal Issues and Regulatory Compliance Conference 2012: Unfair, Deceptive and Abusive Acts and Practices (MBA Seminar; 5/22/2012)


Oliver I. Ireland

Kenneth L. Kohler

Donald C. Lampe

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