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Compliance Vendor Warns CFPB’s HMDA Proposal Could be the Death Knell for Mortgage Lending

August 20, 2014
Brandon Ivey
“I’m wondering how many people buy homes outside of buying them with cash,” Ryan said during the webinar. “To me it’s that serious.”
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Pacific Union Hires Former Resolutions Chief at JPMorgan, Lending Executive From Wells

August 20, 2014
Paul Muolo
During his career, Dunnery was also a director within Fannie Mae’s national servicing organization.
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GSE Shareholder Group Gets Face Time with FHFA’s Watt, But…

August 20, 2014
Charles Wisniowski
Investors Unite now boasts almost 1,000 members, which include both common and preferred stakeholders in Fannie Mae and Freddie Mac.
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Complaints to CFPB Regarding Credit Reports Focus on Inaccurate Information

August 19, 2014
Thomas Ressler
Complaints about inaccurate data include issues such as account status, account terms, “information is not mine,” personal information, public record and “reinserted previously deleted information.”
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Short Takes: Jumbo MBS Almost Perfect / Consumer Advocates' Mod Tactics / Update on RCS / Lennar Acquires Pinnacle Mortgage

August 19, 2014
Brandon Ivey
Of the more than 50 jumbo mortgage-backed securities issued since 2010, only one has taken a loss.
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Pershing’s Second GSE Lawsuit Seeks ‘Net Worth Sweep’ Injunction

August 19, 2014
Charles Wisniowski
Unlike the various 20 lawsuits filed against the government, Pershing Square Capital Management's legal actions focus on common shareholders.
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SEC Subpoenas Ocwen Regarding Business with Related Companies

August 19, 2014
Brandon Ivey
Ocwen received a subpoena from the Securities and Exchange Commission and another subpoena from the SEC appears to be on the way.
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Lenders Concerned About FHA’s ‘Gotcha’ Enforcement Tactics

August 19, 2014
Brandon Ivey
Lenders spend an inordinate amount of time responding to FHA indemnification requests about minor concerns that in many cases are ultimately revoked, according to the Mortgage Bankers Association.
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Short Takes: Nationstar Creates President’s Post at Champion / Who’s Selling the $27 Billion of MSRs? / Yet More Non-QM Menu Announcements / Moody’s Ready to Update Jumbo Criteria

August 15, 2014
Paul Muolo and Brandon Ivey
Mystery continues to surround the seller of that $27 billion MSR package...
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Quicken Remains No. 1 FHA Funder as Others Intentionally Shrink

August 15, 2014
Paul Muolo
Many banks are beginning to shy away from the product as the Inspector General of the Department of Housing and Urban Development and Justice Department take banks to task for underwriting flaws.
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Latest Imf News

  • Servicing Portfolios Decline at Rocket, Chase in 3Q

  • Onity Adjusting MSR Acquisition Strategy, Subservicing

  • Ending GSE Conservatorship by 2028 Looks Unlikely

  • Consumer Advocates Seek Stronger Regulation of HEIs

More Imf News

Featured Data

  • Top Ginnie Servicers Increase Portfolios in Third Quarter

  • Major Lenders Pull Back on ECM MBS in 3Q

  • Resets Drive CLO/CDO Issuance Higher in 3Q

  • Originations Tumble 16% in Third Quarter

More Featured Data

Featured Reports

  • Mortgage Profitability Report 2Q26 (PDF)

  • Guide to Mortgage Lending to First-Time Homebuyers

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  • Lender Profiles 2Q26: Top 25 (PDF)

More Latest Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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