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Inside the CFPB
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Freddie’s Layton: GSE CRT Economics Sometimes Misunderstood

October 31, 2018
Carisa Chappell
Freddie CEO Don Layton said the CRT deals are “amazingly efficient…”
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Mortgage Complaints Took a Dive in 3Q18

October 30, 2018
John Bancroft
Wells Fargo once again led the complaint pack…
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Fairholme Tells Investors Court Ruling ‘Should Advance’ the ‘Re-IPO’ of Fannie and Freddie

October 30, 2018
Paul Muolo
Fairholme adds: “This is good news when you count the cash that Fannie and Freddie have earned and will earn.”
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A Possible Problem for Ginnie: Fannie/Freddie MBS Getting an Explicit Guarantee from Uncle

October 30, 2018
Paul Muolo
Rob Zimmer, director of external affairs for the Community Mortgage Lenders of America, is in the camp of those worrying about the ramifications…
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Digital Footprint Useful for Predicting Loan Defaults

October 30, 2018
Brandon Ivey
Fun fact: Consumers with their names in the email address were 30 percent less likely to default than other customers.
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Short Takes: Parity for the FHLBs and FanFred? / Once a Contender / Newfi and Non-QM / Strong Earnings from First American but Anxiety Too / From Alibaba to MGIC

October 30, 2018
Paul Muolo
Roughly 40 percent of Newfi Lending’s current loan volume entails the origination of mortgages that do not meet the qualified mortgage test.
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A Sure Bet for the New FHFA Director: No More GSE Pilot Programs?

October 29, 2018
Paul Muolo
The fact that these initiatives were ever approved by the FHFA angered critics of the government-sponsored enterprises…
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Short Takes: Bill Dallas Speaks / FoA’s New Reverse Product / A Blow-Out Earnings Number from Freddie? / Fannie? / No Permanent President for Ginnie, Still / Former FHLB Chicago Exec Named President of CU Mortgage Firm

October 29, 2018
Brandon Ivey and Paul Muolo
On Wednesday, Freddie Mac will release third-quarter results...
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ECOA Rulemaking Likely to Limit the Use of Disparate Impact

October 29, 2018
The CFPB is expected to limit the use of disparate-impact analysis under the Equal Credit Opportunity Act, as the agency intends to rewrite the ECOA rule, according to attorneys tracking the issue.
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CFPB Sets Timeline to Implement Changes in Dodd-Frank Reform Bill

October 29, 2018
The CFPB will focus its rulemaking efforts on implementing directives from the Dodd-Frank reform act over the next 12 months, according to the agency’s latest rulemaking agenda.
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