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The Collins/GSE Case: It's Not Over Until It's Over

July 28, 2021
Dennis Hollier
The Supreme Court remanded a portion of the case, leaving it for the Fifth Circuit Court of Appeals to decide how to handle the question of whether the unconstitutional nature of FHFA’s leadership structure damaged shareholders and, if so, what kind of compensation they might be owed.
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LO Earnings Get Clipped in 2Q21

July 27, 2021
Paul Muolo
Loan officers and their processors alike are earning less these days...
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Short Takes: Awash in Borrowing Authority / A Buyer of MSRs? / Expressing a Desire to Grow / A New Nonagency MBS From Verus / Kraninger Lands / A Promotion at Freddie

July 23, 2021
Paul Muolo
Will Quicken actually buy MSRs? It certainty has the cash...
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Announcing its Desire to be #1, Mr. Cooper Hires Stone to Lead Mortgages

July 22, 2021
Paul Muolo
Stone's resume includes stays at Renovate America and Global Mortgage Capital, the latter an affiliate of Eli Global...
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MBA Seeks Help from States to Push for Extending Remote Work

July 19, 2021
Lisa Burden
The problem: regulations differ from state to state, creating liability issues for lenders...
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SBC GOP Demands Response from CFPB Nominee Chopra

July 14, 2021
Lisa Burden
Toomey had originally requested a response by June 21 but none was made. A new demand came on Monday.
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Mortgage Bankers Add Jobs, Brokers Trim Their Ranks

July 9, 2021
Paul Muolo
“You can cut people in five minutes but if you need to rehire them, you’re going to have a tough time getting them back,” said industry consultant Paul Hindman.
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Dems, GOP Spar Over Proposal for a Public Credit Bureau

July 8, 2021
Lisa Burden
The panel focused on three bills, two of which are still in draft phase.
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Short Takes: FHFA Leadership Changes Continue / CFPB Provides Compliant Translations

July 2, 2021
Dennis Hollier

White House Picks Gordon as FHA Commissioner

July 2, 2021
Maria Volkova
President Biden has nominated Julia Gordon to be the next FHA commissioner. Also, the White House has picked CFPB Acting Director Dave Ueijo as assistant secretary for fair housing.
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