To date, the FHFA has received 1,300 comment letters on the proposed ban on captive insurance firms.

A CFPB lending exam can take up to six months to complete and can be quite expensive over time...

CEO Dan Perl noted that the lender will surpass $30 million of fundings in May, a record for the company.

Plenty of attendees at NAR were steamed that after CFPB Director Richard Cordray made his remarks about TRID that he left the meeting without taking a single question from the audience.

Financial consultant Paul Hindman, however, is concerned about such bonuses...

Also, the mortgage cannot have been acquired through securitization, nor can it have certain verboten features.

To date, CSS has yet to perform a beta test and has a “black budget” whose details are only known to Fannie, Freddie and their regulator.

In late March, IMA noted that it was working on several deals totaling just over $20 billion, but all were being negotiated privately...

As the TRID deadline moves closer, industry anxieties are getting stronger and more specific in nature.

Stevens also said that while he was FHA commissioner he chose not to go after lenders for violating the False Claims Act because he said such actions would have opened a “Pandora’s Box.”