NCRC Questions the Usefulness of HMDA Information September 13, 2022 Sam Manas Some 23% of loans collected in the 2021 HMDA dataset lacked demographic information...Read More
Ocwen Says Company Not in Compliance with GNMA RBC, May Exit the Space September 12, 2022 Paul Muolo Ocwen is contemplating its options, including leaving the Ginnie Mae arena...Read More
Nonbanks Joining the FHLBs? No, Says ICBA September 7, 2022 Paul Muolo ICBA says it looks forward to working with regulators on FHLB policies. However...Read More
FHA Addresses Student Loan Debt Relief as It Applies to Mortgages September 6, 2022 If the credit report doesn’t show a current monthly payment of more than zero, more information might be needed...Read More
DOJ Wades Into FDIC Board Dispute on M&A Regulatory Matter September 2, 2022 Sam Manas CFPB's Rohit Chopra and two fellow FDIC board Democrats voted to issue a request for information on bank merger regulations...Read More
FHFA Sets Comprehensive Review of FHLB System. A Key Issue: Membership September 1, 2022 Sam Manas Bottom line: nonbanks would love to be members of the system...Read More
CFPB Plan to Regulate Customer Service Draws Criticism September 1, 2022 Sam Manas The CFPB made inquiries regarding how customer service representatives are evaluated and compensated...Read More
Loan Originators Settle Insider Trading Case Tied to Equifax Shares September 1, 2022 Brandon Ivey As part of the settlement, the Palmers did not admit to any wrongdoing...Read More
CSBS to Update Model Standards for Nonbanks August 30, 2022 Sam Manas The process will take several months, and will require a vote by CSBS commissioners...Read More
Time Running out for Impac, Nonbank Receives Warning Letter from the NYSE August 29, 2022 Paul Muolo Impac is headed by former investment banker George Mangiaracina...Read More
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