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Inside the CFPB
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Feds Want Industry Input on Social Media Risk, Compliance, More

February 7, 2013
Thomas Ressler
The Federal Financial institutions Examination Council is taking a close look at social media and the risks it poses to financial institutions, including mortgage lenders.
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FHFA Keeping a Careful Eye on Bulk MSR Deals, Capacity a Concern

February 7, 2013
Paul Muolo
The Federal Housing Finance Agency is concerned about large scale transfers of mortgage servicing rights.
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Mass. AG Launches Separate S&P Probe, Other States Pile on DOJ’s Suit

February 7, 2013
Charles Wisniowski
Massachusetts will not join other states in the Justice Department’s lawsuit against Standard & Poor’s, but instead will conduct its own fraud probe tied to CDO ratings.
Read More

Banking Chair Hensarling Slams Obama Administration for FHA’s Condition

February 6, 2013
Thomas Ressler
Lawmakers worry about FHA's financial condition during Wednesday hearing.
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FHA to Track HFA Sources of Downpayment Assistance

February 6, 2013
George Brooks
The Federal Housing Administration is cracking down on down payment assistance programs, tracking the source of gift money.
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Short Takes: FHA’s Delinquency Count: $133 Billion? / Fannie and Freddie Not Needed? / Federal Reserve: No Loosening of Credit Standards

February 5, 2013
Paul Muolo and Charles Wisniowski
FHA is looking at $133 billion of troubled mortgages.
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FHFA: GSEs Have Developed a Prototype of Securitization Platform

February 5, 2013
Brandon Ivey
Fannie Mae and Freddie Mac have developed a prototype of its standard securitization platform.
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Sued by DOJ, S&P Was Top Rating Agency of Subprime MBS During Go-Go Years

February 5, 2013
Paul Muolo
Standard & Poor's, which had a huge ratings market share tied to subprime MBS, was sued by the government for negligence.
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Short Takes: More MSR Sales on the Way?

February 1, 2013
Paul Muolo
At least one top-five ranked residential servicer is planning to offer for sale a decent-sized package of mostly nonperforming servicing rights over the next month.
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LPS Settles With State AGs Over Robo-Signing

February 1, 2013
Thomas Ressler
Lender Processing Services settles robosigning allegations with the states.
Read More
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