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Inside the CFPB
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Short Takes: Lending to Real Estate Agents? / An Industrial Bank Charter / SoFi’s Purchase of Zenbanx / Apps Rise / C&C Moves Into Reno

June 14, 2017
Paul Muolo
And a business plan is born: lending money to real estate agents...
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Marketplace Lender SoFi Files for Bank Charter. Is an IPO in the Wings?

June 14, 2017
Paul Muolo
Last year, SoFi received approval to become a Fannie Mae seller/servicer.
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In Wake of Accounting Problems, Walter/Ditech Discloses ‘Waivers’ From Warehouse Lenders

June 14, 2017
Paul Muolo
Walter’s warehouse providers include Wells Fargo and Credit Suisse, among others.
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Trump-Mandated Report on Regulatory Reform has Treasury Blaming Dodd-Frank for Tight Mortgage Credit

June 13, 2017
Paul Muolo
The Treasury Department says it’s possible that originations are being stifled by caps on points and fees charged to borrowers.
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A Problem: the Successors-in-Interest Provision of the CFPB’s Servicing Rule

June 13, 2017
Thomas Ressler
The industry is concerned the CFPB rule has the potential to put servicers smack-dab in the middle of some nasty family disputes…
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No Mortgage/GSE Reform This Year, Maybe No Bill Either

June 13, 2017
Paul Muolo
Last month, Federal Housing Finance Agency Director Mel Watt said he’s prepared to allow Fannie and Freddie to build some type of capital buffer to avoid a Treasury draw…
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Short Takes: Why Treasury Dislikes the CFPB (More) / CID Abuses Alleged / Democrats Strike Back / Fannie Mae About to Lose its General Counsel / A New Hire for Opes

June 13, 2017
Paul Muolo
Looks like Fannie Mae's general counsel is headed to the U.S. Treasury...
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Trump Administration to Recommend Curbs on CFPB, Retention of Single Directorship

June 12, 2017
George Brooks
Proposal appears to be more practical than scorched earth alternative favored by some Republicans.
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Avoid Economic Disruptions When Pondering FHA Changes, Says MBA

June 11, 2017
George Brooks
HUD secretary Ben Carson could implement changes through mortgagee letters to shrink FHA’s role…
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House Fires Shot Across CFPB’s Bow, Passes Financial CHOICE Act. Of Course…

June 9, 2017
Thomas Ressler
The CHOICE Act has an uncertain future in the Senate, to say the least.
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