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Inside the CFPB
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Letting the GSEs Rebuild Capital Won’t Happen Anytime Soon, Says MBA Chief

January 6, 2015
Paul Muolo
MBA's Stevens believes that making a change in the PSPAs would not go over very well in a Republican-controlled House and Senate.
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Fitch: Progress Slow on Needed Changes for Non-Agency MBS

January 6, 2015
Brandon Ivey
Potential actions by regulators also give non-agency MBS investors cause for concern.
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Yet More Mortgage Charges for SunTrust, This Time for $145 Million

January 5, 2015
Brandon Ivey
SunTrust wouldn’t comment on the charge other than to note that the issue has been previously disclosed.
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Golden First Owner Banned from Government-Related Mortgage Business

January 5, 2015
George Brooks
In addition to the $36 million judgment against Golden First, Movtady was ordered to pay a $300,000 penalty within six months.
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Short Takes: Obama Again on GSE Reform / Newly Minted MBAs Hate Mortgages? / Guild Goes HLTV / An ATR for Payday Loans? / John Adams Settles FHA Charges

January 5, 2015
Paul Muolo and Brandon Ivey
Are recent graduates of business schools avoiding the mortgage industry?
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What We’re Hearing: The Top Mortgage Stories of 2014: A Kinder, Gentler FHFA; The Ocwen Disaster; Nonbanks (Except for Ocwen) Continue to Thrive; The End of QE; A Mortgage M&A Boom in Miniature; The FHA MMIF Returns to the Black…

January 2, 2015
Who knows, maybe Mel Watt will allow Fannie and Freddie to build retained earnings. (Don’t bet on it, but it’s an issue worth debating.)
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Are Fannie and Freddie Lobbying Again? In Subtle Ways?

December 30, 2014
Ed Roberts
Rep. Scott Garrett, R-NJ, is concerned that Fannie and Freddie have resumed lobbying, at least in subtle ways.
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Credit Reporting Agency Complaints to the CFPB Up 100 Percent YOY, But…

December 30, 2014
Thomas Ressler
The category of “incorrect information” continues to make up the lion’s share of the complaints, ICFPB found.
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Reintroduction of 97 Percent LTV GSE Loans a Big Ho-Hum?

December 30, 2014
Paul Muolo
Okay, so maybe the reintroduction of 97 percent LTV loans is not a game-changer...
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Lenders Largely Happy with Proposed Rule on Flood Insurance

December 30, 2014
Brandon Ivey
The CMC believes that servicers should not be required to verify flood insurance coverage on existing loans when the escrow option becomes effective.
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