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June 19, 2014

CFPB Completing Exams on a ‘Fairly Wide Swath’ of the Industry

By Brandon Ivey

The CFPB's Steve Antonakes revealed that the agency did not start training many of its examiners about the new rules until the first half of this year.

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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.

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