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Short Takes: GAO on Housing Finance Reform / Kraninger Setting CFPB’s Priorities / Freddie Automates Income Calculation for Self-Employed / Affordability Improving

March 7, 2019
Brandon Ivey
The lack of action by Congress on the federal government’s role in housing finance makes the issue “high risk,” according to a new report by the Government Accountability Office.
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Trade Groups Again Seek Delay of Accounting Standard Set for 2020

March 6, 2019
Brandon Ivey
A number of trade groups renewed their request on Tuesday for a delay in implementation of the current expected credit loss accounting standard ...
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Final Rule on UMBS Issued; June Launch Date Remains

March 6, 2019
Paul Muolo and Brandon Ivey
The Federal Housing Finance Agency last week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June ...
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CFPB Expected to Roll Back 2015 HMDA Rule

March 6, 2019
Yemeng Yang
The CFPB is likely to propose changes to the mortgage disclosure rule, according to industry observers ...
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Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan

March 6, 2019
Yemeng Yang
Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...
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Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

March 5, 2019
Yemeng Yang
Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...
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Feds and Florida Seek to Merge Ocwen Lawsuit

March 4, 2019
Yemeng Yang
Seeking a merger of the complaints, federal and state regulators now believe their cases overlap sufficiently regarding questions of law and fact…
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Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

March 4, 2019
Paul Muolo, Brandon Ivey, and George Brooks
More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...
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What We’re Hearing: Throwing Down the Gauntlet on Fannie-Freddie Changes / 27 Trades Sign On / Not One Voice of Concern? / Freddie’s MSR Pilot? / Fixing the Broken Companies / Eli Global and Greg Lindberg Back in the News / Busy Being Named a Director

March 1, 2019
Paul Muolo
Is the Senate Banking Committee ever going to hold a hearing on GSE pilot programs?
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How Soon Can the Calabria Vote Reach the Senate Floor? May?

March 1, 2019
Dennis Hollier
One GOP staffer told Inside Mortgage Finance the combination of strong industry support for Calabria, plus the nominee’s “bravura performance” at his confirmation hearing, probably sealed the deal on a quick trip.
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