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As Priorities Shift, CFPB Expands Attorney Roster

May 19, 2022
Sam Manas
The application window for CFPB attorney positions closed on May 16...
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A New MSR Offering From Prestwick. MIAC Busy as Well

May 19, 2022
Paul Muolo
The Prestwick Group is brokering a $618 million portfolio of Fannie Mae/Freddie Mac product.
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Acquisition Fatigue Setting In on MSR Buys?

May 19, 2022
Paul Muolo
Sale of bulk MSR packages have been white-hot the past 18 months, but a pause could be in the works, some investment bankers suggest. Still, any kind of lull may not last for long.
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CFPB Beefing Up Its Enforcement Team

May 19, 2022
Sam Manas
The Consumer Financial Protection Bureau has been authorized to hire an additional 20 full-time employees, most of them attorneys. The move comes as the bureau gears up for more vigorous enforcement activity, especially against repeat offenders.
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FHFA Botches Review of Enterprise SEC Filings

May 19, 2022
Dennis Hollier
About half of the FHFA officials who were supposed to review SEC filings of Fannie Mae and Freddie Mac for the second quarter of 2021 failed to appropriately certify accuracy.
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Biden’s Housing Supply Action Plan Garners Measured Support

May 19, 2022
Monica Hogan
While some of the White House’s latest measures are funded through previous legislation and codified into law, several actions rely on as-yet-unfunded proposals.
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Grapevine: loanDepot, Takeover Bait? / Calabria Drops a Bombshell

May 19, 2022
Paul Muolo and Dennis Hollier
With some mortgage companies trading below their liquidation value, is now the time to stage a takeover? It depends. Meanwhile, former FHFA Director Mark Calabria this week broke his silence on what may lie ahead for Fannie Mae and Freddie Mac.
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Former FHFA Chief Sees a GSE Insolvency at ‘Some Point’

May 18, 2022
Dennis Hollier
Calabria also believes Treasury’s ability under HERA to come to the rescue of the enterprises probably ended in 2009...
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Applications Skid 11% but Some Shops Beat the Odds

May 18, 2022
It was the first negative reading from the trade group in three weeks.
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Jumbo Servicing Balances Up Slightly in 1Q22

May 18, 2022
Brandon Ivey
JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...
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