One industry observer saw the development as indicative of growing nervousness that the CFPB may be putting its Democrat allies on Capitol Hill in an awkward position...
The CHLA suggests, among other things, that the U.S. Treasury stop sweeping all GSE profits and instead put that money in a capitalization reserve account...
With mortgage debt outstanding climbing by 0.4 percent during 2Q, the share of securitized loans fell to 64 percent at June 30, the lowest level since 2012.
A $1.5 trillion year is doable: according to survey figures compiled by Inside Mortgage Finance, residential funders originated $805 billion in the first half.
Marketplace lending – otherwise known as peer-to-peer lending – is becoming more of a “thing” for institutional investors, hedge funds, venture capital firms, and even banks these days, but there are plenty of risks lurking in the bushes as well as other operational challenges, according to ratings service analysts. “While marketplace lending has enjoyed increasing growth and acceptance, Standard & Poor’s Ratings Services believes a measured and cautious approach is warranted to properly evaluate this segment, which exhibits unique and heightened risks,” S&P credit analysts Ildiko Szilank and Timothy Bartl wrote in a new report. Among the risks they identified is...