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

“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.” 

The Freedom-RoundPoint deal awaits regulatory approvals...

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

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

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…

After all, who wants to invest in a shrinking (GSE) business? Something to think about…

The supply of one- to four-family mortgage debt outstanding climbed 0.8% from June to reach $11.075 trillion as of the end of the third quarter. It was the highest MDO number since June 2009.

Overall, the trading volume in third quarter was the thinnest of the year and 4Q19 could be weaker still.

In general, banks and thrifts have been pulling back from the MSR market since 2009...