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Short Takes: Mortgage Insurance Heaven / Strong NIW from MGIC and Radian / Genworth’s Sale is Still a Go / The Election and What It Means for the Financial Sector

November 5, 2020
Paul Muolo

With their COVID-related charges in the rearview mirror, the mortgage insurance sector came roaring back...


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Fannie Mae Names Former FDIC Chief Sheila Bair as its New Chair

November 5, 2020
Dennis Hollier

Bair, a native of Kansas, came to Washington under the wing of then-Senator Bob Dole in the early 1980s.


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Different Readings from MBA and Black Knight on Forbearance

November 3, 2020
Paul Muolo

Black Knight tracks daily performance data on over 23 million mortgages covering more than 60% of the market. MBA’s survey encompasses 38 million loans from roughly 50 servicers.


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Consumer Supervision Division Shakeup Raises Eyebrows

October 29, 2020
Yemeng Yang

Afterward, the enforcement office’s policy and strategy team personnel and functions will be moved to a new division...


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Washington Federal (Again) Fined for HMDA Reporting Errors

October 28, 2020
Yemeng Yang

Washington Federal has not yet been released from a 2013 consent order with the CFPB for violating HMDA and Regulation C.


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Amid the Pandemic, Consumer Complaints Reach an All-Time High

October 27, 2020
Yemeng Yang

The top three in the complaint category: Experian, Transunion and Equifax...


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SCOTUS Receives Last Major Brief in the (GSE) Collins Case

October 26, 2020
Dennis Hollier

Nielson’s friend of the court filing is tightly reasoned and well organized. However...


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DOJ Unveils Guild FHA Legal Settlement

October 23, 2020

In settling with the FHA charges with government, Guild did not admit liability...


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Guild Goes Public, Stock Struggles in Reduced Offering

October 22, 2020
Paul Muolo

All totaled, McCarthy will take home $97.5 million today compared to $161.5 million, the high end of the range published last Thursday...


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On Schedule: The GSE ‘Adverse Market’ Fee, Due Dec. 1

October 22, 2020
Dennis Hollier

David Brickman, Frater’s counterpart at Freddie, expressed similar sentiments: “Costs have changed. Risks have changed. We’ve put in place an appropriate and prudent response to that change in the external environment for us to support struggling homeowners.”


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