Mortgage industry groups largely support a proposal by the Federal Deposit Insurance Corp. that would ease disclosure requirements for privately-placed non-agency residential MBS.
Flagstar Bancorp originated $9.3 billion home mortgages in the third quarter, posting a net profit of $63.0 million, according to figures released Tuesday morning ...
A single-director structure at the CFPB in which the president has complete authority to put some new in charge will be even more negative for financial firms than the status quo, said one analyst.
In a report released Friday morning, Cowen Washington Research Group analyst Jaret Seiberg noted that banking regulators have been using consent decrees for years. “Such orders also tend to include conduct restrictions on the banks,” he said…
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