CFPB Issues Final Rule to Remove Medical Debt From Credit Reports January 7, 2025 Shannon Clark Medical debt will soon be wiped away from consumer reports under a new rule.Read More
Banks Add MBS, ABS to Trading Accounts January 7, 2025 John Bancroft Bank holding company trading accounts saw a 3.9% increase in total residential MBS holdings in the third quarter.Read More
State Regulators Expected to Fill Void Under Trump January 7, 2025 Shannon Clark “We can continue to expect [states] to be as active and maybe even more so this time around,” said Kathryn Ryan, a partner at Orrick.Read More
Similarities in New VantageScore Compared With FICO January 7, 2025 Dennis Hollier Despite the similarities in results from the scoring models, there are some major differences in how the scores are constructed.Read More
Short Takes: Rocket Fueling Redwood’s MBS / Wells Fargo’s Asset Cap / Chase’s Servicing Unit / Homeowners Plan to Stay Put January 7, 2025 Brandon Ivey Redwood has issued eight consecutive prime non-agency MBS where Rocket Mortgage was the top contributor of loans.Read More
CFPB Sues Berkshire's Vanderbilt Mortgage for TILA Violations January 6, 2025 Shannon Clark Among the allegations: Vanderbilt approved a loan for a family with 33 debts in collection...Read More
The Final Tally: Freddie Tops Fannie in Residential Loan Purchases January 6, 2025 Dennis Hollier For the first time in 33 years, Freddie out bought its crosstown rival...Read More
Biden Admin Revises GSE Preferred Stock Purchase Agreements January 3, 2025 Dennis Hollier The revisions establish some ground rules that will apply if Fannie Mae and Freddie Mac are ever released from conservatorship.Read More
Large Nonbanks Take Back Some Origination Share January 3, 2025 Brandon Ivey All of the top five lenders are nonbanks, led by United Wholesale Mortgage.Read More
Ginnie Increases Employee Count in 2024 January 3, 2025 Brandon Ivey As of the end of September, the agency had 265 employees, up 25% from a year ago.Read More
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