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Consumer duty, recession and technology discussed on this week's Lenders Live

While lenders and brokers were happy with the input they had in the final consumer duty rules, they believe that a lot of the information in the 300-page document already exists but in different formats. Last week the Financial Conduct Authority (FCA) published its long-awaited new consumer duty rules, extending its
United Kingdom Nick Brown Bulent Kandemir Karen Rodrigues Paul Adams Jamie Pritchard

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New Loan Products; Sales Webinar; GSE's New Fee, Conforming Conventional Changes

“I used to be indecisive. Now I'm not so sure.” Management teams at lenders and vendors can’t be indecisive in this environment. Who’s going to be right, come Q4 of this year, and Q1 of 2023, which many believe are going to be extremely painful as the purchase market seasonally slows. Are the cuts lenders are making now enough to show warehouse lenders and broker-dealers profitable months and quarters? News continues to hit the tape, including Russia’s ...
United States North Carolina Freddie Mac Patrick Welberg Erik Anderson Freddie Mac Cryptocurrency

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