CFPB Issues Long-Awaited Debt-Collection Rule Proposal May 7, 2019 Yemeng Yang The CFPB proposed a new debt collection rule, hoping to clarify such issues as how many calls a week a collector can lawfully make...Read More
Short Takes: Hensarling Staffer Headed to FHFA? / Hensarling’s Dream / Mortgage M&A Heats Up / A Warehouse Update from NewDay / New Diligence Advisors Gets the Nod May 6, 2019 Paul Muolo One of Hensarling's legislative architects headed to the FHFA?Read More
The FHFA Hiring Machine Continues to Rev its Engine May 6, 2019 Dennis Hollier Patenaude is the daughter of Pam Patenaude, who stepped down as deputy secretary of HUD earlier this year.Read More
What We’re Hearing: Perella Weinberg, the Treasury’s GSE Advisor? / Balancing the Congressional Equation / Calabria’s Plan of Action? / Wiping Out $200 Billion / Movement Buys Production in Alabama / loanDepot’s MSR Decline May 3, 2019 Paul Muolo Has the Treasury Department hired an advisory firm to assist on its GSE reform plan?Read More
Ginnie Mae Seeks Feedback on Potential Changes to Pooling Criteria May 3, 2019 George Brooks Ginnie Mae is seeking public comment about the impact of potential changes to its loan-pooling guidelines.Read More
Short Takes: President Trump Wants to Do What? / The Mother of All Servicing Asset Writedowns / loanDepot’s New Warehouse Securitization / Investment Property MBS from AMIPM / HMDA Relief via the CFPB May 2, 2019 Paul Muolo Just think what a 100 basis point cut in interest rates would do to the mortgage market...Read More
IRS Modernization Bill Gains Traction. Mortgage Implications? May 2, 2019 Brandon Ivey Among many other IRS reforms, the bill would modernize the Income Verification Express Service.Read More
AEI Blames FHA Volume Decline on TOTAL. MBA Says Pinto Is Wrong May 1, 2019 George Brooks However, the Mortgage Bankers Association disagrees with Pinto’s findings...Read More
Ginnie Mae Picks SOFR as the Index Replacing LIBOR April 30, 2019 Paul Muolo Amherst Pierpont Securities worked with Ginnie on the SOFR tranche…Read More
NLRB: Quicken Justified in Firing Employee after Foul Language Incident in Bathroom April 30, 2019 Brandon Ivey The National Labor Relations Board sided with Quicken Loans in the dispute...Read More
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