CFPB Wants to Make Refinancing Easier for 'All' Households September 22, 2022 Sam Manas CFPB Director Rohit Chopra: "The mortgage market has not provided products that allow all households to save money by refinancing at a lower interest rate."Read More
What Controversy? Ginnie Chief Weighs In on Proposed Capital Rules September 21, 2022 Monica Hogan Among the FAQs: Why isn't short-term unsecured debt eligible?Read More
On the Agenda: Boosting Small-Dollar Mortgage Lending September 21, 2022 Monica Hogan HUD says the undervaluation of real estate in particular geographies can limit the attractiveness of renovations...Read More
McCargo In One-on-One Talks With Issuers Over Eligibility Standards September 19, 2022 Monica Hogan The Ginnie Mae chief said “the majority” of its issuers would already be in compliance...Read More
Lenders Raise Loan Limits Ahead of FHFA, Again September 19, 2022 Brandon Ivey The loan limit hiking club includes Rocket Mortgage, UWM, PennyMac and others...Read More
As Nonbanks Increase Market Share, Complaints Decline September 15, 2022 Sam Manas The researchers also found that when nonbanks gain share, banks shift their focus to higher-income borrowers...Read More
Coming Soon: The GSE Trial of the Century. Fairholme v. FHFA September 14, 2022 Dennis Hollier Among those testifying: Ed DeMarco, James Lockhart and Timothy Mayopoulos...Read More
NCRC Questions the Usefulness of HMDA Information September 13, 2022 Sam Manas Some 23% of loans collected in the 2021 HMDA dataset lacked demographic information...Read More
Ocwen Says Company Not in Compliance with GNMA RBC, May Exit the Space September 12, 2022 Paul Muolo Ocwen is contemplating its options, including leaving the Ginnie Mae arena...Read More
Nonbanks Joining the FHLBs? No, Says ICBA September 7, 2022 Paul Muolo ICBA says it looks forward to working with regulators on FHLB policies. However...Read More
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