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Home » Topics » IMFnews » Regulatory

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FHFA OIG Finds Conflicts of Interest at Fannie...

April 6, 2021
Dennis Hollier

In 2017, the Inspector General found 57 instances, over a five-year period, of violations of the COI policy in place at the time. The wrongdoers: senior executive officers...


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Several Groups Oppose Delay in Implementing New QM Standards

April 6, 2021
Brandon Ivey

The coalition includes the American Bankers Association, the Mortgage Bankers Association and the Center for Responsible Lending...


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FHFA Poised to Extend Controversial 'Adverse Market' Fee

April 6, 2021
Dennis Hollier

FHFA says it always expected the fee to still be in place in December...


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Mortgages Backed by NOOs Hitting the Secondary Market and Not in a Good Way

April 5, 2021
Paul Muolo

RAMS: “Large, medium, and small originators are all in the same boat looking for new outlets for this product.”


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Wholesale CEO Criticizes GSE Limits on Investment Property Loan Purchases

April 5, 2021
Dennis Hollier

“Here’s what it means to you,” said the CEO. “You’re going to start seeing that second homes and investment homes might have loan-level price adjustments"...


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CFPB Warns Servicers: Homeowner Assistance Surge Coming

April 2, 2021
Lisa Burden

The bureau said it will “closely monitor how servicers engage with borrowers, respond to borrower requests, and process applications for loss mitigation.” If compliance issues arise, it will take into account a servicer’s overall effectiveness in helping consumers.

 


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Regulatory Burden Ahead for Mortgage Servicers?

April 2, 2021
Brandon Ivey

Bottom line: A committee within the CSBS determined that "regulatory prudential standards enforceable by state regulators are warranted and advisable at this time.”


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A Week After Charitable Commitment, Rocket Founder Reveals Large Stock Sale

April 1, 2021
Paul Muolo

In a research note, Keefe, Bruyette & Woods said that following Gilbert’s stock sale his interest in Rocket Companies will drop to 93% from 94%.


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CFPB Withdraws Pandemic Compliance Flexibility, Warns It Will Fully Enforce Dodd-Frank

April 1, 2021
Lisa Burden

The original order for leniency was put into place because of the global pandemic.


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Is the Waving of Appraisal Waivers Harmless?

March 31, 2021
Dennis Hollier

The benefits of a waiver are straightforward. Fannie said it speeds up the loan origination process...


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