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CFPB Now Accepting Complaints About Online ‘Marketplace’ Lenders

March 8, 2016
Thomas Ressler
Marketplace lenders may want to beef up their compliance staffs: The CFPB is now accepting complaints.
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‘Deal Agent’ Could Help Revive Non-Agency Market; A True Revival Will Take Some Time; Treasury Department Weighs In

March 8, 2016
Brandon Ivey
The Treasury Department helped facilitate discussions among the working group...
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M&A Talk Heats Up. PIMCO and RPM Are Looking, but…

March 8, 2016
Paul Muolo
Early last year PIMCO still had designs on RoundPoint Mortgage, Charlotte, which ranks 23rd among residential servicers, according to a tally from Inside Mortgage Finance.
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MountainView Selling $1.5 Billion GSE MSR Portfolio

March 8, 2016
Paul Muolo
After rates plunged earlier in the year, servicing auctions slowed somewhat, but are once again hitting the market.
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Short Takes: The Big TRID CFPB Pow-Wow / Pete Mills of MBA Weighs in on TRID at LO Show / 80 Percent of Lenders Having Problems? / A Loss for Parent of Nonbank / NCRC Chief Will Give Up One Title and Keep One

March 8, 2016
Paul Muolo
TRID errors were a topic of discussion at the LendersOne mortgage cooperative meeting in New Orleans. Pete Mills, senior vice president of the Mortgage Bankers Association, was giving a presentation.
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GSE MBS Market Share Continues to Fall; 2015 the Lowest Reading In Eight Years

March 7, 2016
John Bancroft
February’s new issuance was also the lowest monthly total for the GSEs since May 2014...
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The Jumbo MBS Drought is About to End

March 7, 2016
Brandon Ivey
Fitch didn’t adjust its loss expectations due to TRID compliance issues, noting that the risk for investors was “immaterial...”
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MBA Still Hopes for Clarity from the CFPB on TRID Errors

March 7, 2016
Paul Muolo
Stevens said there has been “a lot of back and forth” on the topic with the regulator…
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Wholesale Mortgage Team Seeks a New Home

March 7, 2016
Paul Muolo
According to survey figures from Inside Mortgage Finance, wholesale/broker production accounted for 9.6 percent of fundings in the fourth quarter of 2015...
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Ellington Ramps Up for Non-QMs; Sets a Goal of $20 Million Per Month

March 7, 2016
Brandon Ivey
Ellington is also investing in lenders that originate the loans.
Read More
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Latest Imf News

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Featured Data

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More Featured Data

Featured Reports

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More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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