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 Cotality valuation executive addresses the risks ‘rushed’ appraisals pose to lendersTuesday, July 21, 2026 Speed in modern appraisals is a dominant talking point, but often it’s more of a “gimmick” rather than a true efficiency gain, according to Cotality Chief Valuation Officer Shawn Telford. He spoke with Dodd Frank Update about how accelerated turn times can create significant risks by causing inaccurate valuations. |
 Vought labels CFPB as ‘structurally defective’ during House committee hearingTuesday, July 21, 2026 During his first and only semiannual report to the House Financial Services Committee on behalf of the Consumer Financial Protection Bureau on July 15, acting director Russ Vought addressed questions about changes underway at the agency and structural reforms he believes to be necessary. |
FDIC reports fourth bank failure this year, second in JulyTuesday, July 21, 2026 Banking regulators have announced two bank closures in July, bringing the total number of bank failures this year to four. Estimates published by the Federal Deposit Insurance Corp. indicate these failures have cost the Deposit Insurance Fund approximately $123.6 million in total.
MBA reports uptick in new home purchase applicationsTuesday, July 21, 2026 New home purchase applications saw their strongest increase in three months, according to data published from the Mortgage Bankers Association’s Builder Application Survey data for June.
Fed releases details on task forces formed to advance monetary policy goalsFriday, July 17, 2026 The Federal Reserve offered details about the five task forces the agency is forming to examine areas central to its monetary policy goals. Fed Chairman Kevin Warsh announced the agency’s intention to establish these task forces following the Federal Open Markets Committee’s June vote on interest rates.
 CFPB maps route to further narrowing regulatory scope in new Unified AgendaTuesday, July 14, 2026 The Consumer Financial Protection Bureau released its 2026 Unified Agenda, providing mortgage lenders and other covered entities an outline of the agency’s rulemaking priorities for the coming months. Dodd Frank Update sought expert insight about what the agenda says about the bureau's direction.

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