In a New Year’s message, Director Kathy Kraninger said the CFPB will “vigorously enforce the law” and encourage market innovation.

The CFPB determined the ATR rule has reduced lending to some extent to borrowers with high debt-to-income ratios…

Under RESPA, servicers are generally required to consider borrowers for loss mitigation if the servicer receives a loss mitigation application at least 37 days before a scheduled foreclosure sale.

The odds of GSE “recap and release” becoming a reality just went down…

We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...

With Michael Bright's departure, GSE "recap and release" just got hurt...

The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...

Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.

Overwhelmingly, industry analysts expect Mark Calabria to shake things up at the Federal Housing Finance Agency – that is, once he’s approved by the full Senate.

Although HUD has voiced its opinion on the eligibility of DACA recipients informally, no official, definitive pronouncement has been issued – to the consternation of lenders.