Ginnie Poised to Hike Capital Requirements for MBS Issuers July 13, 2021 Paul Muolo Ginnie has been working on the change in requirements for well over a year...Read More
Sen. Warren Slams Wells for LOC Cancellations July 12, 2021 Paul Muolo Some of the LOCs contained borrowing authority of up to $250,000.Read More
Industry Still Considering Impact of SCOTUS Decision July 12, 2021 Dennis Hollier One thing is clear: The verdict was a blow to Fannie Mae and Freddie Mac common and junior preferred shareholders.Read More
Fannie Mae Draws Fire for Rule on Short-Term Rentals July 12, 2021 Dennis Hollier The real estate industry was especially concerned and mounted an organized response...Read More
Finally: GSEs and Non-Agency MBS Now on Level Playing Field with QMs July 9, 2021 Brandon Ivey The hope is that the non-agency market will now be on closer to equal footing with the GSEs in terms of compliance burdens relating to the CFPB...Read More
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.Read More
Lenders Seek More Leeway on Short-Term Rentals July 7, 2021 Dennis Hollier Vague and undefined language in the eligibility requirements of the GSEs make it difficult for lenders to determine the mortgage eligibility of projects that include units rented on a short-term basis.Read More
Short Takes: FHFA Leadership Changes Continue / CFPB Provides Compliant Translations July 2, 2021 Dennis Hollier
FHFA Drops LTV Restrictions on Loan Modifications June 30, 2021 How many consumers will seek a modification due a COVID hardship remains to be seen. Forbearance readings continue to drop...Read More
Short Takes: Still in the Cards: A Government-Run Credit Bureau? / CFPB Cites Legal Violations / Office Locations a Problem / Foreclosure Issues Too June 30, 2021 Lisa Burden The CFPB says most mortgage branches are located in predominantly white neighborhoods...Read More
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