CFPB Pushes State AGs to Enforce Federal Consumer Laws May 20, 2022 CFPB Director Rohit Chopra: “In the years leading up to the financial crisis, federal regulators undermined states seeking to protect families and businesses from abuses in the mortgage market"...Read More
Expanded-Credit Mortgages Defy the Odds, Showing Growth in 1Q May 19, 2022 John Bancroft Since the beginning of 2021, $40.25 billion of ECM mortgage-backed securities have come to market...Read More
New loanDepot Chief Spends Six Figures on Company Stock May 19, 2022 Paul Muolo The shares reside in a family trust that carries the Martell name.Read More
As Priorities Shift, CFPB Expands Attorney Roster May 19, 2022 Sam Manas The application window for CFPB attorney positions closed on May 16...Read More
A New MSR Offering From Prestwick. MIAC Busy as Well May 19, 2022 Paul Muolo The Prestwick Group is brokering a $618 million portfolio of Fannie Mae/Freddie Mac product.Read More
Potential Cut to FHA Premiums a Top Priority for HUD May 18, 2022 Brandon Ivey HUD's Julienne Joseph: "We are dotting I's and crossing T's because we want ensure that whatever we do, that it would be impactful"...Read More
Former FHFA Chief Sees a GSE Insolvency at ‘Some Point’ May 18, 2022 Dennis Hollier Calabria also believes Treasury’s ability under HERA to come to the rescue of the enterprises probably ended in 2009...Read More
Applications Skid 11% but Some Shops Beat the Odds May 18, 2022 It was the first negative reading from the trade group in three weeks.Read More
Jumbo Servicing Balances Up Slightly in 1Q22 May 18, 2022 Brandon Ivey JPM's jumbo servicing portfolio declined 2.6% to $199.42 billion during the first quarter...Read More
GSE Reform via FHFA and Treasury? Not Exactly on the Front Burner May 17, 2022 Brandon Ivey Administrative reform of the GSEs appears to be a long way off.Read More