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Home » Topics » IMFnews » Regulatory

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Short Takes: The Supremes Rule on Foreclosures and the FDCPA / It’s Good to be King, Unless You’re the CEO of Freddie Mac / Angel Oak Bolsters Office Space Big Time / Tennessee Bank Looking for Non-QM Loans / Two New Directors for Fannie / Correction: Fre

March 21, 2019
Brandon Ivey and Paul Muolo
Based on Freddie’s annual profits, CEO Don Layton is probably one of the two most underpaid bosses in the world of finance. Soon that distinction will belong to David Brickman...
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Senate Banking Committee Unveils Lineup for Two Days of GSE Reform Hearings

March 20, 2019
Dennis Hollier
When it comes to GSE reform, it's never too early to call 12 witnesses...
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OCC Fines Citibank $25M for Fair Lending Violations

March 20, 2019
Yemeng Yang
According to the consent order, between 2011 and 2015, Citi had certain control weaknesses related to its “relationship loan pricing” program...
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Short Takes: Getting the Industry’s Pulse on GSE Reform / Who Gets to Lead? / Why Phillips Didn’t Get the FHFA Job / The Battle for Risk / Selling Shares in Invitation Homes / Radian Names Dave Stevens to Its Board

March 20, 2019
Paul Muolo and George Brooks
Who knows more about GSE reform: the White House or Treasury? We get a sense the two parties don't see eye to eye on everything...
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Short Takes: Why the GSE Net Worth Sweep Won’t be Reversed / Recap and Release? / A Much-Watched Profit Reading / Starwood and Impac, a Symbiotic Relationship / Bank Failures, Anyone? / Reverse Lender Hires Sales Chief

March 19, 2019
Paul Muolo and Brandon Ivey
Each quarter, GSE profits reduce the federal budget deficit. If that cash is forfeited...
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Worried About Risk, FHA Seeks to Mitigate Decreasing Credit Scores, More…

March 18, 2019
George Brooks
Changes to the agency’s TOTAL Mortgage Scorecard, go into effect March 18...
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Genworth Sale Continues to Drag On, Ninth Waiver Granted

March 18, 2019
Paul Muolo
The sale of Genworth was first announced in October, 2016…
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Short Takes: A New Wave of Optimism? / Value Your CFO / Feds Plan Community Hearings on BB&T-SunTrust Deal / MFA Buying Plenty of Whole Loans. Can An MBS Be Next? / Former HUD Official Pam Patenaude Lands

March 18, 2019
Paul Muolo
Mortgage REIT MFA Financial, New York, bought roughly $1 billion worth of loans during the fourth quarter...
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What We’re Hearing: The Changing of the Guard at the FHFA / A Deep Resume / Retained Capital for Fannie and Freddie, a Matter of When? / The Holy Grail / Impac Mortgage, Act III / FHA Moves to Sure Up its Book

March 15, 2019
Paul Muolo
An increase in retained earnings is a pre-cursor to GSE “recap and release,” or as Fannie/Freddie investors call it, the Holy Grail…
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FHFA’s Otting in a Position to Bolster the Non-Agency Market

March 15, 2019
Brandon Ivey
SIFMA’s Daniel Goodwin: “Financial regulators must create a level playing field so that entities like the GSEs do not enjoy capital benefits that add to the tilting of the market…”
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