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Home » Topics » IMFnews » Regulatory

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Tiered Supervision of Nonbanks Advocated by Trade Groups

March 13, 2019
Yemeng Yang
Nonbanks in recent years have expanded their presence in the market significantly...
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Short Takes: More Non-QM MBS Deals on the Way / What’s Ginnie Mae Really Worried About? / A Big ‘Nothing Burger’? / What Borrowers Want When They Shop Online for a Mortgage / Amherst’s Appetite for SFR / A New Hire for Incenter

March 13, 2019
Paul Muolo
Another official described the Ginnie Mae change as a “nothing burger…”
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In New Budget, White House Hikes Value of GSE Senior Preferred by 21%

March 12, 2019
Dennis Hollier
However, there is no detailed explanation on the accounting…
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Trump Wants to Slash HUD’s Budget by 16%, but Allows for FHA ‘Tax’ to Upgrade IT

March 12, 2019
Paul Muolo
The Trump White House wants to impose a fee on FHA lending to raise the money...
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HFSC Chairwoman Asks CFPB Staffers to Expose Bad Bosses

March 12, 2019
Yemeng Yang
The Congresswoman said she is troubled by recent reports that show employee satisfaction at the CFPB fell sharply last year…
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Short Takes: Banking on a GSE Dividend / Maybe Next Time Around / Democrats Put CFPB Chief Kraninger on the Grill / Home Point Expands Correspondent Presence / A New Creative Hire for Guaranteed Rate

March 12, 2019
Paul Muolo and Yemeng Yang
Kraninger faced some tough questions from Sen. Warren...
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IGs Asked to Investigate GSE Insider Trading Allegations Tied to FHFA/OCC Employees

March 11, 2019
Dennis Hollier
Two public watchdog groups are demanding an IG probe into possible media leaks and a spike in the stock price of GSE shares...
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Kraninger Defends Restructure of CFPB’s Fair Lending Office Implemented by Mulvaney

March 8, 2019
Yemeng Yang
Kathy Kraninger, director of the Consumer Financial Protection Bureau, said she won't reverse the restructure of fair lending office made by former Director Mick Mulvaney.
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Short Takes: SIFMA Approves Changes for UMBS / A New Focus for CFPB / QM Patch and First-Time Homebuyers / MBS Backed by Small-Balance Commercial Loans

March 8, 2019
Brandon Ivey
There was some speculation before the vote that SIFMA might delay the guidelines or otherwise hinder UMBS issuance, but the vote on Wednesday was passed with a “significant majority,” according to SIFMA.
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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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