The Consumer Financial Protection Bureau this week rolled out a new online tool to track mortgage delinquency rates for all 50 states and the District of Columbia. The mechanism also illustrates the CFPB’s findings on the county and metro-area level with interactive charts and graphs, all based on information in the National Mortgage Database. The Mortgage Performance Trends tool measures loans 30 to 89 days late and those more than 90 days late. The interactive charts and maps ...
There continues to be some nervousness about VA receivables because of streamlined refinancings, although regulators are trying to curb abuses in the program.
“The other natural job would be as CFPB director,” the Cowen analyst continued. “That said, Hensarling has shown much greater interest in housing finance…”
Nearly all of the securitized loans which failed to meet qualified-mortgage standards that took effect in 2014 are holding up well, and the MBS credit enhancement should be enough to handle any problems that emerge in an economic downtown, according to a new report from DBRS. The credit rating service did an analysis of the collateral and performance trends associated with the 20 securitizations backed by substantial numbers of non-QM loans that have been ... [Includes one data chart]
Joshua Rosner, managing director of Graham Fisher & Co., said his discussions with Trump officials and members of Congress suggest that the administration’s reform principles won’t be released until early next year…