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Home » Authors » Thomas Ressler

Articles by Thomas Ressler

Short Takes: Trump & Hillary Mortgage Corp. / CHLA Weighs In on Front-End Risk-Sharing: No / Will ALTA Break the CFPB’s Website? / Now, Print Your Name and Personal Story Right Here

September 26, 2016
Paul Muolo and Thomas Ressler
When it comes to front-end GSE risk sharing deals, just say no?
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CFPB Chief Cordray Gives Kudos to Credit Unions on their Mortgage Performance

September 22, 2016
Thomas Ressler
The improved numbers suggest that the industry’s fears those rules would crush or even depress the market somewhat were overblown.
Read More

Yellen: Fed Will Monitor Wells Fargo, Others for Consumer Harm

September 22, 2016
Thomas Ressler
The Wells account and credit card scandal did not involve mortgages, but the bank is the nation’s largest overall home funder and retail originator.
Read More

CFPB’s TRID Rule Gets the Blame for a Rise in Mortgage Defects

September 20, 2016
Thomas Ressler
In fact, these two categories are responsible for more than 75 percent of all defects.
Read More

Committee Passes Dodd-Frank Alternative; Promotes Portfolio Lending; Democrats Invoke ‘Wells Fargo’

September 14, 2016
Thomas Ressler
The CHOICE Act also would make changes to the structure of the Consumer Financial Protection Bureau, including replacing the single directorship with a five-member board or commission.
Read More

Candidate Clinton Supports QM ‘Safe Harbor’ for Portfolio Lending

September 9, 2016
Thomas Ressler
Candidate Clinton noted: “But when community banks and credit unions offer mortgages, they’re looking to invest in their neighborhoods and communities to help them grow and prosper…”
Read More

Short Takes: Time to Bottom Fish in MSRs? / PennyMac and BofA Increase Deal Ceiling / Trade Groups Complain to the CFPB / More Ocwen Legal Headaches

September 8, 2016
Paul Muolo and Thomas Ressler
More legal headaches for Ocwen? Looks that way...
Read More

CFPB Examinations of Nonbank Mortgage Lenders Spike 220 Percent

September 7, 2016
Thomas Ressler
For depositories, the data generally show more overall scrutiny from the CFPB as well…
Read More

Title Agents Respond to TRID Tweaks – and the Comments Aren’t Pretty

September 6, 2016
Thomas Ressler
One agent noted: “Consumers around the country continue to receive inaccurate information at the closing table about their title insurance costs...”
Read More

Life Under TRID: Delays Ease, Costs Rise, Smaller Loans Less Desirable

September 1, 2016
Thomas Ressler
Originators were asked if TRID has affected their willingness to originate small loans. Roughly 53.8 percent said “no change,” while 46.2 percent said “yes, moderately.”
Read More
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