Mortgage Firms Put on Alert for Russian-Related Cyber Attacks March 14, 2022 Monica Hogan The Federal Reserve is in constant communications with financial institutions regarding cyberattacks...Read More
Fifth Circuit Remands Collins GSE Case to District Court March 10, 2022 Dennis Hollier The five dissenting judges were even more skeptical, arguing that a remand was unnecessary...Read More
As Regulators Focus on Nonbanks, A Turf War May Emerge March 3, 2022 Brandon Ivey On the horizon: a possible regulatory turf war...Read More
Fannie’s and Freddie’s ‘Release’ Date? See You in 2037 March 2, 2022 Paul Muolo KBR writes, “By 2036, the Treasury's aggregate senior preferred including liquidation preference will have grown to nearly $550 billion"...Read More
‘One Company, One Exam’ Pilot Faces Challenges March 2, 2022 Rocket, the nation’s largest residential lender, received a 15-month moratorium on state exams in exchange for participating in the program.Read More
Record GSE Allocations to Housing Trust Fund and Capital Magnet Funds March 1, 2022 Dennis Hollier The HTF will receive about $740 million in 2022, the CMF $398 million.Read More
CFPB Broadens Public Access to its Rulemaking Process March 1, 2022 Sam Manas Submissions will be reviewed by the Office of the Executive Secretary in consultation with the legal division...Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
FHFA Unveils New Eligibility Standards: 9% Capital for Nonbanks February 24, 2022 Dennis Hollier The new language recognizes the different risk profiles of GSE and Ginnie Mae servicing rights...Read More
In a Few Weeks, GSE Nonbank Eligibility Requirements? February 22, 2022 Paul Muolo BTIG predicts the FHFA’s proposal likely will dovetail with many of the prudential requirements for nonbanks finalized by the CSBS...Read More
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