A group of Democratic senators is asking the U.S. Office of Special Counsel to investigate whether Acting CFPB Director Mick Mulvaney violated the Hatch Act. The acting director last month said to bankers that he “had a hierarchy” in his office in Congress and only talked to lobbyists who gave him financial donations when he was a member of the House of Representatives from South Carolina. “It raises troubling questions about whether his statements ran afoul of the Hatch Act ...

It’s not clear if the REIT sector will amp up its participation in credit-risk transfer deals offered by Fannie Mae and Freddie Mac…

Starwood Property Trust, a REIT largely focused on commercial mortgages, has been stockpiling non-QMs…

A former Fannie executive (pre-federal takeover) said that when he worked at the GSE, “We looked at doing this, but were told it wasn’t in the charter and so we didn’t proceed.”

Flagstar says the problem is exacerbated by a lack of inventory in certain geographic markets…

Surely, conservatives are applauding the way Mulvaney is trying to remake the Consumer Financial Protection Bureau...

Former CFPB Director Richard Cordray challenged PHH’s captive reinsurance program, ruling that any referral of settlement business that involves payments is prohibited under RESPA…

Arch maintained its large market share lead in insurance-in-force, while Radian ranked first in terms of new insurance written…

New CEO George Mangiaracina said the nonbank’s servicing portfolio is serving as a counter-cyclical balance to declining originations…

Angel Oak's small-balance commercial unit employs 19 full-timers and hopes to add an additional 30...