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CFPB Announces Additions to Leadership Team

December 1, 2020
Yemeng Yang

The CFPB announced additions to its executive team, despite chatter that President-elect Joe Biden will make dramatic changes to the agency's leadership.


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Fed Governor Wants More Regulation, Calls Nonbanks ‘Lucky’

November 29, 2020
Brandon Ivey

The irony of the regulatory call: Many nonbanks are posting record profits and six firms are in the process of IPOs...


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The 2021 GSE Loan Cap is Set: $548K and Change

November 25, 2020
Dennis Hollier

In these high-cost areas, the maximum GSE loan limit bumps up to 150% of the base limit, or $822,375.


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Biden’s CFPB to Focus on QM Rule, Servicer Compliance

November 25, 2020
Yemeng Yang

Attorney Joann Needleman: "The transition team that Biden has put together to look at the CFPB is extremely telling"...


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Wall Street Warns Mnuchin Against ‘Hastily’ Ending the GSE Conservatorships

November 23, 2020

Michael Bright: “SFA reiterates our support for the ultimate goal of releasing the GSEs from conservatorship and to increase the role of private capital in our nation’s housing finance system in a responsible manner"...


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Legal Trouble Ahead for LOs and ‘Producing’ Branch Managers?

November 23, 2020
Yemeng Yang

One area that many lenders have questions about: branch managers who also produce loans...


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Biden’s Anointed Chief of Staff Has Strong Fannie Ties

November 22, 2020
Dennis Hollier

Klain was a registered Fannie Mae lobbyist from 2002 to 2005...


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SBC Senators Warn FHFA and Treasury About Giving Away the GSE Store

November 20, 2020
Paul Muolo and Dennis Hollier

Sens. Warner and Rounds both serve on the Senate Banking Committee. Virginia, Warner's legislative turf, is home to Freddie Mac.


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Banks and Nonbanks: The Equality Fight

November 19, 2020

Caliber hopes to go public one of these days, while Freedom presently has no desire to test the IPO waters.


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The Final Word: FHFA Mandates 4% Tier I Capital for the GSEs

November 19, 2020
Paul Muolo and Dennis Hollier

In a 12-page fact sheet on the announcement, the regulator notes the final rule is “similar in key respects to the proposed rule, with certain enhancements and other changes made in response to comments.”


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