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Home » Topics » Inside Mortgage Finance » Originations

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Trade Groups Seek Changes to LO Compensation Rule

October 2, 2018
Yemeng Yang
Trade groups said the rule, while well-intentioned, is causing serious problems for the mortgage industry…
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GSE Shareholders Take Solace in Partial Win Against FHFA, Treasury

October 2, 2018
Carisa Chappell
Investors Unite: “Lamberth’s ruling does not mean reimbursement checks are on the way…”
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Short Takes: Top-Ranked Subservicer Hires Nonbank Execs / Soon to be One: Ocwen and PHH / NAR Bolsters its Government Affairs Staff / One Criticism of Jeb / California, the Golden GSE State

October 2, 2018
Carisa Chappell and Paul Muolo
One criticism of Hensarling is that his conservative ideals prevented him from shaping a consensus bill to reform Fannie Mae and Freddie Mac...
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Top-Ranked Wholesaler Unveils New Leadership Structure

October 1, 2018
Paul Muolo
Plaza Home is growing its renovation loan and reverse lending businesses...
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Short Takes: Senators Want CFPB Official Fired / A Plea to Stop the Agency’s Reorg / Sen. Warren Drops Hint on White House Run / Watt’s Tenure? / A New Director at Altisource

October 1, 2018
Paul Muolo
Sen. Warren has been dropping hints that she may run for president in 2020...
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FHA Not Sure it Will Extend the New ‘Second Appraisal’ Policy on HECMs

October 1, 2018
George Brooks
Appraisal bias remains a primary concern…
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Mortgage Groups Seek Changes to LO Compensation Rule

October 1, 2018
Mortgage trade groups are asking the CFPB to reopen the loan originator compensation rule to reduce lenders’ regulatory burden and better serve consumers. A dozen industry trade groups – including the American Bankers Association, the Mortgage Bankers Association and the Real Estate Service Providers Council – recently wrote to Acting CFPB Director Mick Mulvaney with suggested changes to the agency’s LO compensation rule under the ...
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Redwood Readies Eighth Prime Non-Agency MBS Deal of the Year, UWM Top Contributor Yet Again

September 28, 2018
Brandon Ivey
The nonbank wholesaler, a unit of United Shore Financial Services, has been the top contributor to six of Redwood’s prime non-agency MBS of 2018.
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Mortgage Industry (Mostly) Ready for TRID 2.0 Compliance, but…

September 28, 2018
Yemeng Yang
“I think everyone is on board,” said Colgate Selden, a former CFPB attorney and now managing director and head of regulation and compliance at Promontory MortgagePath.
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A Sign of Demand: Record Attendance at ABS East Conference as Investors Thirst for Yield

September 28, 2018
Brandon Ivey
A number of investors noted that it’s difficult to find structured-finance products with attractive yields.
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