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Inside the CFPB
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FHFA Reaches $5.50 Billion Settlement with Royal Bank of Scotland

July 12, 2017
Carisa Chappell
RBS will pay approximately $4.53 billion to Freddie and approximately $975 million to Fannie.
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Flagstar Gets Rated, a Sign that it May Become More Involved in Jumbo MBS?

July 11, 2017
Brandon Ivey
Jumbos accounted for 5.6 percent of Flagstar’s residential originations during the period…
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Will Rep. Hensarling Deal on GSE Reform?

July 11, 2017
Paul Muolo
The big question: Will the Chairman of the House Financial Services Committee support an explicit government guarantee on conventional MBS?
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More GSE Cases Filed Arguing that the FHFA’s Structure is Unconstitutional

July 11, 2017
Carisa Chappell
FHFA’s status as an independent agency headed by a single director makes it different from almost every other independent agency…
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CFPB Issues Final Rule to Ban Mandatory Arbitration in Consumer Financial Contracts

July 11, 2017
Thomas Ressler
However, Congress has already prohibited arbitration agreements in the largest market the agency oversees: residential mortgages.
Read More

Short Takes: It’s Alive Again (Well, Sort Of) / Sindeo’s Roots / The Mortgage Tech Race / Happy Anniversary Fannie and Freddie (Soon) / New Hires for mREIT Giant Annaly

July 11, 2017
Paul Muolo
There's a race on to see who will be the first to deliver a best-in-class lending automation product that the consumer trusts, said consultant Paul Hindman...
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HUD Mortgagee Review Board Suspends PA Lender Seckel Capital

July 11, 2017
Paul Muolo
As IMFnews went to press, Seckel was said to be in a meeting and could not be reached for comment.
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Appeals Court: Mortgage Underwriters are Eligible for Overtime Pay. But a Split Appears

July 10, 2017
Brandon Ivey
Overtime pay for underwriters will remain a focus of litigation because courts are split on the issue, according to the Mortgage Bankers Association.
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Walter Gets Extension on Warehouse Waivers, but its Advance Rates are Reduced

July 10, 2017
Paul Muolo
Walter said it will continue to seek appropriate amendments and waivers...
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VRM Wins 10-Year Contract to Oversee REO, Service VA Loans

July 10, 2017
George Brooks
The deal was negotiated from a previous five-year contract that was awarded to VRM…
Read More
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Latest Imf News

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Featured Data

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Featured Reports

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More Latest Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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