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Home » Topics » IMFnews » Regulatory

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Redwood Chimes in on Patch

September 12, 2019
Brandon Ivey

“The QM patch expiration presents an opportunity for regulators to streamline certain rules to put the housing-finance sector on the best possible footing going forward,” Redwood said.


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Short Takes: Light Moments at the Senate Banking Committee / Agencies Offer Guidance for Dorian Victims / First-Time Homebuyer Demographics / CFPB Taking Applications

September 11, 2019
Dennis Hollier

Treasury Secretary Steven Mnuchin gets an earful from Louisiana's colorful "junior" senator.


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Mnuchin Won't Say if Trump Approved Treasury Plan

September 11, 2019
Dennis Hollier

Questions by Democratic senators reveal holes in the research for the Treasury plan for housing finance reform.


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Judge Calls CFPB-Ocwen Case a Shotgun Pleading

September 11, 2019
Yemeng Yang

The complaint includes 14 counts with a total of 220 factual allegations, covering a variety of servicing practices.


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Pennsylvania AG Targets Redlining

September 11, 2019
Yemeng Yang

The Pennsylvania AG opened a redlining investigation last year following a news report that white borrowers in Philadelphia received 10 times as many conventional mortgage loans as African-American borrowers.


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Moving Non-Agency MBS to LIBOR Difficult

September 10, 2019
Brandon Ivey

Trustees will be key players in facilitating a transition from LIBOR to a new reference rate for adjustable-rate mortgages.


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Smaller Lenders Push for Higher DTI in QM

September 9, 2019
Yemeng Yang

Highlands Residential Mortgage COO suggests the CFPB raise the DTI ratio to 45% to accommodate borrowers who have a proven track record of responsible credit management.


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Short Takes: HUD's Reform Plan / Higher Capital Requirements? / Ginnie Targets Another Lender / CFPB v. Ocwen Update

September 6, 2019
Brandon Ivey
HUD called for consideration of limiting certain FHA lending activities and increasing capital requirements...
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Short Takes: GSE Base Pay Ruminations / Bonus Money / Syracuse Securities Calls the Mortgage Business ‘Unforgiving’ / An MSR Milestone for TruStone / True GSE Reform: In Congress’ Court

September 5, 2019
Dennis Hollier and Paul Muolo

Syracuse Securities calls the mortgage business "unforgiving and highly competitive." That sounds about right...


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Ditech’s Investment Banker, a Candidate for GSE Advisory Work?

September 5, 2019
Paul Muolo

Currently, one of Houlihan Lokey's biggest mortgage-related assignments involves the liquidation of assets belonging to megaservicer Ditech Financial, which is operating under bankruptcy protection...


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