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A Sure Bet for the New FHFA Director: No More GSE Pilot Programs?

October 29, 2018
Paul Muolo
The fact that these initiatives were ever approved by the FHFA angered critics of the government-sponsored enterprises…
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Prestwick Announces Auction of GSE, Private Investor MSRs

October 29, 2018
Paul Muolo
Fannie Mae receivables dominate the package at $70.9 million...
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MBS Backed Fix-and-Flip Bridge Will Expand, Morningstar to Take a Conservative View Initially

October 29, 2018
Brandon Ivey
Fix-and-flip loans generally have terms that range from a few months to three years…
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Short Takes: Bill Dallas Speaks / FoA’s New Reverse Product / A Blow-Out Earnings Number from Freddie? / Fannie? / No Permanent President for Ginnie, Still / Former FHLB Chicago Exec Named President of CU Mortgage Firm

October 29, 2018
Paul Muolo and Brandon Ivey
On Wednesday, Freddie Mac will release third-quarter results...
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ECOA Rulemaking Likely to Limit the Use of Disparate Impact

October 29, 2018
The CFPB is expected to limit the use of disparate-impact analysis under the Equal Credit Opportunity Act, as the agency intends to rewrite the ECOA rule, according to attorneys tracking the issue.
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CFPB Sets Timeline to Implement Changes in Dodd-Frank Reform Bill

October 29, 2018
The CFPB will focus its rulemaking efforts on implementing directives from the Dodd-Frank reform act over the next 12 months, according to the agency’s latest rulemaking agenda.
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CFPB Settles ‘Abuse’ Claim, but Then Says it May Refine the Term

October 29, 2018
The CFPB recently settled with a Tennessee-based payday lender for debt-collection practices, finding some of its activities were “abusive.”
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State AGs Criticize CFPB’s Plans for Trial Disclosure Sandbox

October 29, 2018
A dozen state attorneys general asked the CFPB to withdraw or make substantial modifications to its proposed trial disclosure program.
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CFPB Expands Spanish Glossary of Financial Terms for LEP Borrowers

October 29, 2018
The CFPB recently updated its Spanish glossary of common financial terms in order to help borrowers who do not have a command of English.
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Industry and Consumer Groups Call for ATR Rulemaking on PACE Loans

October 29, 2018
A collection of industry and consumer advocacy groups jointly urged the CFPB to expeditiously start rulemaking to expand ability-to-repay requirements to Property Assessed Clean Energy (PACE) loans.
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