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FHFA Nominee Deflects Questions on Ending Conservatorship

January 20, 2022
Dennis Hollier
The mortgage industry has resigned itself to no administrative end to the Fannie and Freddie conservatorships. It’s still unclear what happens to the GSEs’ capital requirements.
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FHFA OIG: Fannie Finally Collecting All Required NPL Data

January 20, 2022
Dennis Hollier
Fannie Mae failed to implement new NPL reporting requirements in 2018, as required by its regulator.
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Servicers Coordinating with States on Homeowner Assistance

January 20, 2022
Monica Hogan
Mortgage servicers have begun working with states on their new federally funded homeowner assistance programs.
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For Fannie and Freddie Another Record Year for MBS Issuance

January 19, 2022
Dennis Hollier
Depositories made up some ground on the nonbanks with a combined fourth quarter market share of 31.2%.
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Better.com Chief Garg Ready to Return

January 19, 2022
Paul Muolo
Better.com hired a former federal prosecutor from the Southern District of New York to conduct the "culture" review...
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Nearly 450 MLOs Sanctioned for Continuing-Ed Fabrications

January 19, 2022
Sam Manas
Those settling will surrender their licenses...
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Mortgage-Related Complaints Filed With the CFPB Down in 4Q21

January 19, 2022
Andras Malatinszky
However, the number of borrowers unhappy with the loan-modification process jumped 12.7%...
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Lower Originations for USB but a Gain for Bank of America

January 19, 2022
Paul Muolo
One ominous sign for both USB and the overall industry is the bank’s mortgage application reading...
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CFPB Critical of Credit Agencies’ Responses to Complaints

January 18, 2022
Sam Manas
The three national credit reporting agencies’ poor response to consumer complaints raises serious questions about their intentions, the CFPB said in a new report.
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Mixed Feedback on Small-Business Loan Data Proposal

January 18, 2022
Sam Manas
While both industry and consumer groups generally support the proposed rule’s objectives, they want the CFPB to reconsider some definitions and reporting of certain discretionary data points.
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