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Home » Topics » News » Inside the CFPB

Inside the CFPB
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Short Takes: Wells Fargo Executive Takes a Job with UCM / The NAR is Not Happy with FEMA / No Word From Peter Bell and NRMLA / Fannie Mae Director Haywood Moves On / Trouble in the Sandbox

December 27, 2018
Brandon Ivey and Paul Muolo
The National Association of Realtors is none too happy with FEMA's actions during the government shutdown...
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FHFA Nominee’s Past Comments Could Come Back to Haunt Him (With Democrats at Least)

December 26, 2018
Dennis Hollier
As the former director of financial regulation studies at the Cato Institute, Mark Calabria brings a decidedly libertarian perspective to housing finance.
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CFPB Details HMDA Data Fields That will be Released Publicly, Opts for Borrower Privacy

December 26, 2018
Brandon Ivey
The loan originator’s unique identifier assigned by the Nationwide Mortgage Licensing System and Registry will not be disclosed publicly…
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Mortgage Industry Assesses Pain from Government Shutdown, HECM Endorsements End, New Flood Policies Doubtful

December 26, 2018
Paul Muolo
Brian Chappelle, a principal in Potomac Partners told IMFnews that his lending clients “are starting to worry.”
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Dems Select Rep. Waters as the First Woman Chair of the HFSC, Mulvaney Put on Notice

December 26, 2018
Dennis Hollier
Rep. Waters to Mick Mulvaney: “I am writing to inform you that while your time running the Consumer Bureau may be over, the time for accountability for your actions is about to begin.”
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Short Takes: Trouble Ahead for FHA? / Steve Mnuchin’s Christmas Eve Massacre / Significant Players in the Mortgage Market / Who Knows / Who Put the Thought in the Treasury Secretary’s Head? / Craig Phillips Rising? / A New Hire for StoneHill

December 26, 2018
Paul Muolo
Was it Mnuchin’s idea to call the six bank CEOs or did President Trump put him up to it? That storyline has yet to be fully explored…
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Analysts Positive on VA’s Interim Rule on Cash-Out Refinancing but Fear Loopholes Could Inflict Harm

December 21, 2018
The Department of Veteran Affairs’ interim final rule on cash-out refinancing appears to be a positive move for borrowers and investors, especially for higher coupon MBS but potential loopholes could seriously weaken it, analysts warned.
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Clean-Up Calls to Benefit Auto ABS Issuers and Investors; Seasoned Loans Go into New Issuance

December 21, 2018
Issuers of auto ABS will likely continue to complete clean-up calls on seasoned transactions even in a rising interest-rate environment, according to S&P Global Ratings. The rating service said clean-up calls yield a positive impact for auto ABS issuers and investors.
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Not Going Anywhere: HUD Secretary Ben Carson

December 21, 2018
Paul Muolo
Meanwhile, acting Ginnie Mae President Michael Bright still awaits Senate confirmation, even though he was officially nominated to the post by President Trump on May 15.
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SIFMA Meets with White House Officials on GSE Single-Security Initiative

December 21, 2018
John Bancroft
The Wall Street group’s advisory council on TBA guidelines met earlier this week with several key Trump administration officials...
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