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Consumer Complaints Reach Another Record in 2021

February 2, 2022
Sam Manas
Consumer complaints about debt collection saw a hefty 30.6% rise.
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loanDepot CEO Discloses Stock Purchases in Call With Analysts

February 2, 2022
Paul Muolo
loanDepot went public roughly a year ago. Its stock once traded as high as $39 a unit...
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As ‘Fence Sitters’ React, A Nice Comeback for New Loan Applications

February 2, 2022
Paul Muolo
Application whiplash? But in a good way...
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Nonprofit Coalition Offers Blueprint to Improve Fannie/Freddie DTS Plans

February 2, 2022
Dennis Hollier
In particular, the plans were long on outreach, but failed to describe where the GSEs would provide liquidity...
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An Earnings Plunge for loanDepot. Servicing Writedowns Too

February 1, 2022
Paul Muolo
In a bit of a surprise, loanDepot also recorded negative changes to the fair market value of its mortgage servicing portfolio totaling $118.7 million.
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Nonbanks Continue to Grow GSE Servicing Share in 4Q

February 1, 2022
Dennis Hollier
Even small and mid-sized nonbanks bested the megabanks: 20.0% versus 18.3%.
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FHFA Chief Shares Views on LLPA Hikes, More...

February 1, 2022
Dennis Hollier
Thompson acknowledged that it simply costs more to buy a home in places like San Francisco and New York...
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AGNC Takes Loss in Fourth Quarter on Agency MBS Investments

February 1, 2022
Brandon Ivey
Officials at the REIT see good and bad in the Fed's recent moves.
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Consumer Complaints Reach Another Record in 2021

January 31, 2022
Sam Manas
Consumer complaints filed with the CFPB topped 500,000 in 2021, hitting a record high. Most of the complaints were against the three national credit reporting agencies. (Includes two data charts.)
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Rulemaking on Consumer Data Access to Take More Time

January 31, 2022
Sam Manas
The CFPB’s rulemaking efforts to implement consumer financial data access rights under Section 1033 of the Dodd-Frank Act will now include the issue of consumer data portability.
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