Study Finds Chase’s Mortgagors Fared Well During the Pandemic March 19, 2021 Brandon Ivey Government-mandated forbearance paid off for Chase... Read More
A Complication Develops on Chopra Heading the CFPB: Control of the FTC March 18, 2021 Lisa Burden Earlier this month, the SBC deadlocked on the Chopra CFPB nomination with a 12-12 partisan vote.Read More
State Regulators Take Notice of the UWM Brouhaha March 18, 2021 As one mortgage market consultant quipped: “It’s sort of like watching the Hatfields and the McCoys.”Read More
CFPB Worries that Debt Collectors, Financial Institutions will Nab Stimulus Payments March 18, 2021 Lisa Burden Uejio said the CFPB will keep an eye on consumer data to better understand how those receiving relief checks are being affected.Read More
New York Nonbank Fined for Cybersecurity Breach March 17, 2021 Lisa Burden The New York regulator said RMS failed to investigate the breach... Read More
Beware of Mortgagors Approaching the One-Year Mark on Forbearance Plans? March 16, 2021 Paul Muolo Black Knight says that overall, 2.6 million homeowners are in some form of COVID-related forbearance.Read More
FHFA’s Proposed Liquidity Rule May Require Some Work March 15, 2021 Dennis Hollier The FHFA based its 30-day liquidity requirement on the coverage ratio used by bank regulators.Read More
Surprise: PSPA Limits on Investment Loans Go Into Effect in April March 12, 2021 Dennis Hollier But the rule change that has generated the most confusion is one that limits acquisitions of loans secured by investment properties or second homes. One bugaboo: the start date.Read More
Being Diluted: GSE Control of the CSS March 11, 2021 Dennis Hollier As a result, the four board members appointed by Fannie and Freddie are now outnumbered by the five named by the FHFA.Read More
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