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Home » Topics » Inside Mortgage Finance » Regulation

Regulation
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Grapevine: Waiting on GSE RBC / Holding Out for a Better Price

September 9, 2021
Paul Muolo
A risk-based capital regime could be in the works for Fannie and Freddie, though some GSE watchers suggest the whole exercise could be in flux. Meanwhile, Wells Fargo has a new servicing chief, Ann Thorn from Caliber Home Loans.
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Is it Time to Get Rid of Mortgage Branch Licenses?

August 26, 2021
Lisa Burden
As the pandemic meanders on, state regulators are following the lead of employers and adopting agile workplace policies, including changing branch licensing requirements.
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FHFA Directs FHLBanks to Plan for Agency Prepayments

August 19, 2021
Dennis Hollier
Despite protests that existing yield maintenance protects investors from prepayment risk on agency CMBS, FHFA directed the Federal Home Loan Banks to limit their exposure.
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Are GSE PSPA Restrictions Costing Wholesale Lenders?

August 19, 2021
Dennis Hollier
Home Point and UWM earnings reports suggest the GSEs’ new limits on cash window purchases and caps on certain mortgage products took a bite out of the profits of some larger wholesalers.
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More Oversight Needed of Lenders and Flood Insurance

August 12, 2021
Brandon Ivey
Even though FEMA is not directly responsible for oversight of compliance with flood insurance program requirements, the GAO has suggested Congress prompt FEMA to act.
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Higher GNMA Requirements Could Be Trouble for MSRs

August 5, 2021
Paul Muolo
Ginnie Mae servicing sales were strong last quarter but is all that about to end because of higher capital requirements?
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Fannie’s Near-Record 2Q, With a Couple of Asterisks

August 5, 2021
Dennis Hollier
The GSEs ride home price appreciation and low interest rates to record earnings in the second quarter.
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Off-Again, On-Again Eviction Moratoriums

August 5, 2021
Dennis Hollier
CDC institutes a new ban, while federal agencies warn landlords not to evict tenants without first seeking rental assistance.
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MBA Asks NY Gov. to Veto CRA Bill Aimed at Nonbanks

August 5, 2021
Lisa Burden
One of the biggest regulatory fears of nonbanks? Answer: being subject to CRA laws. New York is turning into a battleground state.
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Final Standards for Nonbank Servicers Include Concessions

July 29, 2021
Brandon Ivey
The new standards mirror FHFA’s existing requirements in many ways, while extending the provisions to non-agency mortgages. CSBS also provided a few breaks to the industry.
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