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Short Takes: Blowout Earnings for the GSEs? / Juicing the Debate / A Frothy Non-QM Secondary? / Dow 29,000 / Greystone Buys Commercial Servicer

January 10, 2020
Paul Muolo

Stronger GSE earnings will bolster retained capital, which could juice the recap-and-release debate even more…


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Short Takes: Rates Rising (for Now) / The Recap-and-Release Train Moves Forward / Turning a Profit in Servicing / More Capital for Roofstock / Xome Gets a New CEO

January 9, 2020
Paul Muolo
The GSE recap-and-release train continues to inch forward...
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Complaints Filed with the CFPB Down in 4Q but Up for the Year

January 8, 2020
Yemeng Yang

The credit reporting agencies (Equifax, Transunion and Experian) continue to draw a large chunk of the complaints…


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Continued Gains for Subservicers

January 8, 2020
Paul Muolo

As far as the rankings are concerned, not much changed at the very top during the third quarter. Cenlar once again ranked first…


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The 2019 M&A Roundup: Great Expectations Fizzle

January 7, 2020
Paul Muolo

Also, Mr. Cooper was busy as well, buying Seterus and Pacific Union Financial…


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NYDFS Warns Financial Services Firms Against Cyber Attacks From Iran

January 6, 2020
Paul Muolo

“The NYDFS has taken cyber security to a whole new level," said one lender. "They are hammering everyone about the risk and heavy enforcement in examinations.” 


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Short Takes: Freedom and RoundPoint: Waiting on the Regulators / The Advisors and the Numbers / KKR’s Stake in Mr. Cooper / MBA’s Application Survey? / A New President for AI

January 2, 2020
Paul Muolo

The Freedom-RoundPoint deal awaits regulatory approvals...


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CFPB Finds Problems with Credit Reporting by Mortgage Servicers

December 31, 2019
Yemeng Yang

The report focuses on supervisory findings from exams the bureau conducted in the areas of consumer reporting and furnishing of information…


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What the CCPA Means for the Mortgage Industry

December 31, 2019
Yemeng Yang

In general, the CCPA allows California residents to know and access what information businesses collect on them...


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Dems Concerned About CFPB’s Advisory Opinion Plan

December 30, 2019

In September, the CFPB issued a compliance assistance policy, signaling its intent to propose an interpretive letter program “as soon as practicable,” given significant interest from stakeholders…


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