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A Coming Sea Change? CFPB Considers Disparate-Impact Rulemaking

October 26, 2018
Yemeng Yang
If the CFPB issues a rule on disparate impact, there could be far-reaching implications, said Andrea Mitchell, a partner at Buckley Sandler…
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Freddie’s Layton: CRTs Transforming Housing-Finance System

October 26, 2018
Carisa Chappell
Freddie CEO Don Layton: Some 90 percent of the credit risk on multifamily mortgages is being transferred…
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Incenter Announces Large MSR Auction

October 26, 2018
Paul Muolo
Loans from California account for the largest chunk of receivables at 18.3 percent...
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What We’re Hearing: Cut in Half, Ellie Mae’s Share Price / 1H 2019: A Challenge / Walking the Floor of the MBA Show / A Bullish Outlook for Servicing, Non-QM Lending / If Stocks Tank Further, Good Things Might Happen / High on Chris George’s ‘To Do’ List:

October 26, 2018
Paul Muolo
But putting the negativity aside for a minute, there are a couple of bright spots in the industry: Servicing valuations and non-QM lending...
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New Residential Reports Strong 3Q18 Results, Bought $43B of MSR During the Period

October 25, 2018
Paul Muolo
The New York-based real estate investment trust has been on an MSR acquisition tear the past three years...
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State Regulators Try Again with Lawsuit Against OCC Aiming to Prevent Fintech Charters for Nonbanks

October 25, 2018
Brandon Ivey
John Ryan, president and CEO of the CSBS, compared the potential impact from the fintech charter to issues involving federal preemption of state laws in the lead up to the financial crisis.
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Private MIs Push for More Transparency in GSE Pricing, Underwriting

October 25, 2018
John Bancroft
While the FHFA has proposed a formal rulemaking on GSE capital, the current standard known as the conservatorship capital framework has not been made public…
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The Final Tally for 3Q18 Originations: $435 Billion. Modest Declines Expected in the Quarters Ahead

October 25, 2018
John Bancroft
The mortgage market was somewhat more top-heavy in the third quarter, with the top 25 lenders accounting for 57.7 percent of total production…
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Computershare Poised to Buy Servicing Rights as M&A Predictions Accelerate. Asset Sales Preferred?

October 25, 2018
Computershare Loan Services has a message for the residential finance sector: If you’re looking to sell mortgage servicing rights, CLS wants to talk to you.
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Fed’s Beige Book: Rising Demand for Mortgages? A Slowdown for Dallas

October 25, 2018
Yemeng Yang
In contrast, Dallas has seen slowing demand for real estate loans...
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