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Sean Desmond, the new CEO of nCino, hinted at some of the products under development in an interview with American Banker.
The Community Home Lenders of America wants streamlined regulations for smaller independent mortgage bankers from the Bureau, including on compensation.
At the same time builders and lenders report contracting credit on offer, sentiment in the residential construction industry improved in the latter half of 2024.
The president of the union for department employees claims 50% of HUD's workforce will be cut, and government contracts were being scrutinized.
Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau.
The consortium of businesses intends to work with state regulators to protect consumers as interest from secondary market investors also grows.