Browse articles from all of our Newsletters related to OCC.
September 29, 2016 - Inside Mortgage Finance
A task force convened by the Mortgage Bankers Association proposed universal principles for loan modification programs across government guarantors, the government-sponsored enterprises and perhaps non-agency mortgages. The One Modification standards published late last week aim to provide servicers with a cohesive framework to complete loan mods when the Home Affordable Modification Program largely ends after this year. MBAs task force recognizes...
September 19, 2016 - Inside the CFPB
Wells Fargo Chairman and CEO John Stumpf will be on what is expected to be a very hot seat before the Senate Banking, Housing and Urban Affairs Committee tomorrow when he is expected to explain what went wrong at his institution that enabled employees to open more than two million deposit and credit card accounts that may not have been authorized by consumers. CFPB Director Richard Cordray is also scheduled to testify, as is Comptroller of the Currency Tom Curry and ...
September 16, 2016 - Inside MBS & ABS
Regulations and practices in the mortgage market will help protect investors in MBS backed by residential mortgages from marketplace lenders, according to Moodys Investors Service. However, its not clear if the protections will be enough to offset the rating penalties often applied to originators and assets that lack historical performance records. Moodys published its analysis last week, noting that while no residential MBS has been issued by a marketplace lender as yet, the firm expects issuance at some point. Marketplace lenders the most prominent of which is Social Finance connect...
Most Popular Stories
- A Significant Increase in Agency Jumbos for 2Q; GSE Loan Limit to Increase?
- Redwood CEO: JPMorgan Ahead of Everybody Else with Non-Agency MBS Packed with GSE-Eligible Loans
- Will the Wells Fargo Account Scandal Hit the Megabanks Mortgage Business? Correspondent Sellers Fear Reputational Risk
- Analyst: PHH Corp. Is Just too Cheap; But Will a Buyer Emerge?
- Ginnie Mae Keeping a Close Eye on Servicing Sales, Liquidity