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CFPB to Withdraw 2021 COVID-19 Mortgage Servicing Rule

May 22, 2025
Shannon Clark
The move will have an impact on current mortgage servicing operations, according to industry attorneys.
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Federal Moves Push and Pull on the Housing Market

May 22, 2025
Shannon Clark
The federal deficit is putting upward pressure on mortgage rates. Meanwhile, HUD is working to allow new housing to be built on federal land.
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Grapevine: VA Partial Claims Update; Hint on FHA Commissioner

May 22, 2025
Brandon Ivey
VA partial claims bill passes in House; nominee for FHA commissioner expected to have industry experience; Pulte touts big find at Fannie.
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CFPB Director Nomination Is Back at Square One

May 15, 2025
Shannon Clark
The Trump administration last week nominated Jonathan McKernan — who was awaiting Senate confirmation as CFPB director — as undersecretary of domestic finance at the Department of the Treasury.
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CFPB Withdraws Guidance Docs; Mortgage Policies Intact

May 15, 2025
Shannon Clark
The CFPB preserved several mortgage-related policy documents, as it undergoes a review of all previously issued guidance items under new leadership.
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GSEs Ease Interested Party and Lender Incentive Rules

May 15, 2025
Dennis Hollier
Among other changes, Fannie and Freddie increased the cap on interested party contributions from $500 to $2,500.
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Unintended Outcomes Seen in GSEs’ Cross-Subsidies

May 15, 2025
Dennis Hollier
Researchers say that, at any given credit score, the cross-subsidies inherent in GSE pricing favor higher-income borrowers over lower-income borrowers.
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Grapevine: Value in Escrows; Trigger Lead for a Nine-Year-Old

May 15, 2025
Brandon Ivey
MSR investors see risks and benefits in rising costs for property taxes and insurance; child receives offer from mortgage lender.
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Plugging Climate Risk Into MBS Ratings

May 8, 2025
Dennis Hollier
Fitch Ratings analysts seek feedback on a framework for interpolating climate change risk into bond ratings.
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Pulte Downplays Odds of an End to GSE Conservatorships

May 8, 2025
Dennis Hollier
The FHFA director suggested the decision on whether to release Fannie and Freddie from conservatorship depends mostly on President Trump and Treasury Secretary Scott Bessent.
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