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March 18, 2014

CFPB Loses Another Top Executive to Wells Fargo, QM Expert Lisa Applegate

By Paul Muolo

It would appear that Wells Fargo is raiding the senior staff of the Consumer Financial Protection Bureau. Of course, it could be a mere coincidence.

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Poll

HUD has announced a 25 basis point cut in FHA premiums, which is slated to take effect in late January. Is your lending shop for or against a cut in FHA premiums?

For. It should help lending volumes.
Against. The private MI sector should take on this risk, not the government.
Too early to say.
I believe the new White House may scuttle the idea so it doesn’t matter.

vote to see results