The Structured Finance Industry Group agrees with many of the proposals made by the Treasury Department in its recent report on regulatory reform for financial markets but seeks more clarity about risk retention requirements. Published earlier this month, the Treasury report said that the requirement that sponsors retain a residual interest in securitizations adds unnecessary cost to securitization as a funding source. In turn, it inhibits the prudent expansion of credit through securitized products ...

JPMorgan Chase, like most mortgage industry participants, endorses the solution that the Consumer Financial Protection Bureau has planned to resolve what’s known as the “black hole” in the bureau’s integrated disclosure rule. However, some big changes still need to be made if private capital is going to fully return to the mortgage market; namely, more cures for errors and greater clarity when it comes to legal liability. “Chase strongly supports the CFPB’s proposal to eliminate ...

The MI also terminated Jeff Tennyson as president of the unit. No replacement will be named, a spokeswoman told IMFnews.

Might this suggest that g-fees charges could spike next year when zero hour comes?

Investors are still waiting for Ocwen’s biggest outstanding dispute – the one with the CFPB – to be settled, one way or the other.

In recent months, the consumer bureau has expressed concerns about the risks associated with reverse mortgages.

With fall-out spreading from the turmoil at Social Finance, investors might be thinking twice about so-called “fintech” firms...

The disclosures aren’t entirely surprising given that PHH recently wrapped up a generous buyback offer…

Before joining the bureau in 2012, Alexis was a complex litigation and white collar partner at the Mayer Brown law firm in Washington, DC…

Morningstar said the company’s underwriting process, quality control and compliance functions were factors in the rankings…