Thomas Ressler

Editor, Inside the CFPB

Recent Stories From this Author

CFPB Continues with its ‘Public Input Series,’ Wants Feedback on Supervisory Processes
February 15, 2018 This is the fourth in a series of RFIs announced as part of Acting Director Mick Mulvaney’s “call for evidence.”

Short Takes: Arch has Some ‘Fairly Well Developed’ Plans / Auditing the FHA MMIF / New Residential May Become a Player in Ginnie MSRs / Consumer Advocates Not Happy / Top VA Official Departs Agency for PenFed
February 14, 2018 Look for New Residential to become a buyer of Ginnie Mae servicing packages...

CFPB Issues Industry-Friendly Strategic Plan
February 13, 2018 Acting CFPB Director Mick Mulvaney: “If there is one way to summarize the strategic changes occurring at the bureau, it is...

Short Takes: RESPA (TRID) Changes May Become Law / Watching the 10-Year (Rise) / Can Mulvaney Wear Three Hats? / Naming a Permanent CFPB Director / A New Hire for Silver Hill
February 12, 2018 Another day and another increase in rates...

House Green Lights Revision to Points and Fees Calculation
February 9, 2018 House Financial Services Committee Chairman Jeb Hensarling said The Mortgage Choice Act is needed because the CFPB wrote a...

Will CFPB Chief Mulvaney Say ‘Never Mind’ on PHH Case?
February 8, 2018 In fact, it’s possible the CFPB under Acting Director Mick Mulvaney may just say: never mind.

Short Takes: The Top VA IRRRL Lenders / Tax Cuts Coupled with More Government Spending, a Recipe for Disaster? / If Habib’s Interest Rate Prediction Comes True, Watch Out Below / CFPB Wants Feedback on Enforcement Processes / A New Title for Amy Brandt
February 8, 2018 Analyst Barry Habib of MBS Highway told us last week that once the yield breaks above 3.00 percent it’s only a matter of time...

Mortgage Servicers Worry about Bankruptcy Provisions in CFPB Rule
February 7, 2018 As of April 2018, mortgage servicers will have to send monthly billing statements to consumers in active bankruptcy cases…

House Poised to Pass Qualified-Mortgage Tweak
February 6, 2018 However, there is no companion legislation in the Senate...

CFPB Chief Mulvaney Continues with ‘Calls for Evidence,’ Agency Wants Input on Adjudications
February 1, 2018 The next RFI in the series will address the bureau’s enforcement processes...


With mortgage production down noticeably this year from 2017, how many lenders might disappear via M&A or failure during the next 12 months?

10% or less. It’s not that bad out there.
11% to 25%. It’s a challenging market.
25% to 40%. It’s going to be very ugly.
No opinion.

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