MBA: CFPB Small Business Loan Rule Could Burden Some CRE Lenders April 3, 2023 Sam Manas MBA said the longer implementation timelines are welcome, but has other concerns...Read More
Fair Lending Director Says CFPB Undeterred by Townstone Defeat March 30, 2023 Sam Manas Consumer Financial Protection Bureau Fair Lending Director Patrice Ficklin said the bureau would continue enforcing the Regulation B protections for prospective applicants.Read More
GSEs to Expand Use of Payment Deferrals March 30, 2023 Dennis Hollier The pandemic-era tool will now become a standard part of the GSEs' loss-mitigation strategy.Read More
Retail Channel’s Share of FHA/VA Lending Drops in 2022 March 30, 2023 Monica Hogan The retail channel's share of FHA/VA lending declined from nearly 50% in 2021 to 36.2% in 2022.Read More
First Republic Facing Scrutiny Following Bank Failures March 30, 2023 Brandon Ivey The bank's stock price is down significantly and a deposit infusion from big banks prompted downgrades of First Republic's ratings.Read More
Short Takes: More from CFPB on LEP / Garris Horn Adds Attorneys / MISMO Tech for Servicing Transfers March 30, 2023 Brandon Ivey and Sam Manas
Figure Readies MBS Backed by Nonbank-Originated HELOCs March 29, 2023 Brandon Ivey It's the first HELOC securitization from Figure to receive a credit rating.Read More
MBA Raises Concerns About SEC Proposal on Securitization March 28, 2023 Brandon Ivey The Dodd-Frank Act directed the SEC to write a rule addressing conflicts of interest in securitization.Read More
JPM Stocks DSCR Loans in Non-Agency MBS March 27, 2023 Brandon Ivey It's the second DSCR non-agency MBS from Chase, following a deal issued in November.Read More
Altisource Launches Non-Agency Lending Efforts March 23, 2023 Brandon Ivey The underwriting of AAM's mortgages is outsourced to India...Read More