Former FHFA Director Calabria in Boardland July 11, 2022 Dennis Hollier Evolve must have been a big fan of of Calabria's. In its press statement announcing the hire, it referred to him as an "industry legend." Read More
Coming Government Rule Changes: A Busy FHA July 11, 2022 Monica Hogan Another possible change: A notice of proposed rulemaking is scheduled in April 2023 to address reductions on servicing costs...Read More
Short Takes: Is Help on the Way? (Lending Margins) / Some Evidence / Expectations of Wells / Staff Reductions, Finding Positions / Lower FHA Premiums? July 11, 2022 Paul Muolo Wells Fargo said roughly 35% of the mortgage workers it cut are "moving into other roles" within the bank...Read More
Chamber of Commerce Hopes CFPB 'Sees the Error of Its Ways' July 8, 2022 Sam Manas In an interview with Inside Mortgage Finance this week, the Chamber didn't pull any punches...Read More
GSEs and FHFA Focusing on Fourth-Party Risk July 7, 2022 Dennis Hollier Fourth-party risk? It's an issue for Fannie, Freddie and their regulator...Read More
Former CFPB Attorney Wonders About the Agency’s Posted Agenda July 6, 2022 Sam Manas In a recent blog post, CFPB Director Rohit Chopra said the bureau was reviewing the QM rule...Read More
MBA Sees Progress in Loan Officer Remote Work Legislation July 6, 2022 Sam Manas However, as MBA points out, it can sometimes take longer to get things done in California...Read More
CFPB: State Laws Can Exceed Bounds of FCRA July 5, 2022 Sam Manas States also can enact laws governing whether information related to eviction or rental arrears appear on credit reports.Read More
Short Takes: A Cut In FHA Premiums? (Again) / The Power of the President / Stocks Ugly, Bonds Pretty / M&A Roundup / Notable New Hires July 5, 2022 Paul Muolo A matter of when on FHA premiums?Read More
FHFA Undeterred by Criticism of New MBS Fee. However… July 1, 2022 Dennis Hollier The new fee was roundly criticized by MBS investors...Read More
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