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Freddie CEO Brickman’s Departure: The First of Many at the GSEs?

November 19, 2020
Dennis Hollier
Andrew Bon Salle, who runs Fannie’s single-family business, will be leaving later this year. Also, several other key GSE executives are planning departures, according to former and current staff.
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New Leadership May Further Delay CFPB QM Rulemaking

November 19, 2020
Yemeng Yang
Industry attorneys said a Biden administration may run into legal hurdles if it wants to make substantial changes to the proposed QM rule. The bureau may have to restart the process from scratch.
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Will Biden Undo GSE Reform, Fire Calabria?

November 12, 2020
The latest speculation inside the Beltway relates to what possible changes a new Democratic administration might make to Fannie Mae and Freddie Mac.
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Six Possible Successors to CFPB Director Kraninger

November 12, 2020
Yemeng Yang
The front runners to succeed Kathy Kraninger: Rep. Katie Porter and FTC Commissioner Rohit Chopra.
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Avoiding RESPA Kickback Violations in ‘Virtual’ Pacts

November 12, 2020
Yemeng Yang
Mortgage professionals should ensure social media endorsements, online advertisements and other “virtual” marketing services comply with anti-kickback provisions.
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Mortgage Workers Returning. But Just How Many?

November 5, 2020
Paul Muolo
The pandemic has changed (forever) the equation of how many mortgage workers need to be in the office. Right?
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FHFA Moves to Clamp Down New GSE Products, Activities

October 22, 2020
Dennis Hollier
A new rule proposed by the FHFA this week would ensure Fannie Mae and Freddie Mac “stay focused on their core mission and do not stray into business the market already serves well” after they exit conservatorship.
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CFPB Extends QM Patch Beyond Early Next Year

October 22, 2020
Yemeng Yang
The qualified-mortgage patch will stay in place until the “mandatory compliance date” for the new general QM definition, which the bureau is still working to finalize.
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In IPO ‘Watch Mode,’ loanDepot Moves to Sell Debt

October 22, 2020
Paul Muolo
A funny thing happened to loanDepot on its way to a supposed initial public offering: A debt offering. Yield? We don’t know.
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Grapevine: The GSE Fee is Cast in Stone / Ocwen Strives to Break Out

October 22, 2020
Dennis Hollier and Paul Muolo
A few weeks back there was some hope that, perhaps, the GSE adverse market fee might get scrapped. Not so. Meanwhile, Ocwen keeps trying to turn things around.
Read More
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