Outside counsel for nonbank lender Castle & Cooke Mortgage disputed several statements included in an Oct. 12 Inside Mortgage Finance article about the firm and one of its investors.

The Consumer Financial Protection Bureau will issue a new rule that clarifies what lending practices will be considered “abusive,” said Acting CFPB Director Mick Mulvaney, speaking at the annual convention of the Mortgage Bankers Association this week.

Ginnie EVP Maren Kasper said the agency is currently working on stress tests for its issuers and could have results by early December…

An affiliate of Annaly Capital Management is preparing to issue a $384 million mortgage-backed security stocked with non-qualified mortgages and loans for investment properties…

The three major credit reporting bureaus – Experian, Equifax and TransUnion – continued to rank first, second and third, respectively, in the number of complaints filed…

As IMFnews went to press, multiple telephone messages and emails to 360 Mortgage had not been returned.

The Fannie Mae Virginia properties were sold for roughly $130 million…

Budget cuts coming to HUD?

CFPB chief Mick Mulvaney declared the regulation-by-enforcement approach done...

Meanwhile, there was chatter at the MBA convention that Ginnie Mae had just yanked the ticket of one of its MBS issuers.